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Gold/Mining/Energy : Silver prices

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From: polarisnh4/4/2008 7:21:53 PM
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Well this helps explain why CDE's performance has sucked lately.

FACTBOX- Biggest changes in NYSE short interest

reuters.com

While their performance over the short-term is being hampered by the shorts, I believe their prospects over the longer term will enhanced by the monies that they are investing bringing new mines online will pay off sooner rather than later and the shorts will be forced to cover.

Coeur's San Bartolome Mine Set to Begin Processing Ore
Crushing Activities Underway
First Silver Pour Expected to Take Place before Month's End
To Become World's Largest Pure Silver Mine

biz.yahoo.com

Therefore, I will continue to nibble away at these prices $3.50 - 4.50 in my 401k as I am be firm believer that silver is going to be at $25 an ounce in 2009. What is a better alternative for your long-term retirement capital? Buy the next Bear Stearns? I don't think so.....

Cheers,

Steve
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