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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (14018)11/2/2000 7:36:24 AM
From: Bill Jackson  Read Replies (1) | Respond to of 14627
 
Ike, There are sharelike arenas with small spreads in silver futures. Buying retail is a suckers game as it needs to move 8% up for you to break even.
The large industries buy silver contracts and then take deliver at the agreed time and price with small spreads. Large users like kodak have enormous long term silver committments.
Right now PFG is valued close to cash and is far below it's spec potential. So I would suggest all of you load up now as others in the know are doing.

Bill