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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (28853)	11/7/2007 8:46:51 AM
From: valueminded	Read Replies (1) of 78751

Why would Sil "soar" ? Lots of warts imo. They hedged enough production to give them a huge loss (148 million) last quarter. Insiders are happy to sell at $20. They aren't really producing much yet They operate in Bolivia. ie Unstable environment not sure what the tax structure going to look like. Look for the government to want more if the price of silver stays high. I owned in the past but sold because imo it is a bad investment (too many unknowns) for me

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