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Politics : Gold and Silver Stocks and Related Commentary

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To: koan who wrote (6759)2/17/2005 5:12:34 PM
From: koan  Read Replies (1) of 18308
 
To give an example of the power of the BWR wts. About a month ago I purchased a slew of BWR wts for .20. They are now .27. So in one month I have made almost 40%.

Thanks to one of our own (Hank 2010) I bought a bunch of UNB at .15, sold them at .30 and .33 and then bought the BWR wts for .20.

If BWR makes a run I am spending the rest of the year in hawaii surfing and snorkeling-lol.

But the BWR wts are still a huge bargin because from here on out they will track the stock almost penny for penny with 3 to 1 leverage!. And a .70 stock usually works better than a .27 stock. Once BWR gets over a dollar many more big guys will jump in I beleive. I saw today they were buying BWR in 100,000 chunks.

Even today the stock was up a .05 and the wts were up .035.

Remember BWR has 5 mines that produce zinc for between .19 and .32. So at .62 their profits are huge. Also they have just discovered a lot more ore; AND the more the price of zinc rises the more of the lower grade ore they can mill!

They also produce 14% copper and copper is at a 16 year high.

And they will prodcue about 3 million oz of silver this year and maybe about 40,000 oz of gold (guessing).

They are also exploring 33 additional properties and have tons of money to both explore, drill and develop. And they have no debt!! and about 100 million in working capital(guess). And the recent new discoveries released oon 2/15.

Go to their web site and read the Novemeber news release.
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