I don't know that I was expecting any major divergence in gold/silver prices..There is definitely more volatility in the silver price..I'm still going to be silver fishing for shares though on pullbacks..SLW had a great day yesterday (currently my only silver stock), but think these stocks have to be traded, not held long. This has certainly been the case with cde, happy to have exited with a profit at 4.03. Thought I'd try a different horse with slw..One thing I do like about slw, for a simple mind like mine, I can understand it cost them $3.90/oz for silver....period..Now I just have to figure out how many oz's they'll be able to purchase this Q<vbg>...I do think the 4th Q estimate (only one that I can find) will have to be raised higher than the current .03/sh, if $silver holds around these levels of course..we shall see, would be nice to see slw take out 4.75 convincingly (?). They may even beat the 3rd q estimate of .04/sh, will probably come down to how the number is "rounded"..(Crammer actually taked about this rounding phenom, I never much thought about it, but definitely should be considered in these tiny earnings companies...is $.045,...4 cents or 5 cents<g>)
...raining like a big dog here, looks like tomorrow also..;^(
have to excavate and pour some deck piers before the ground freezes up....DD |
