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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (961)9/26/2003 1:42:23 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 108616
 
yes, but which silver investments are best
PAAS, SIL, SSRI, CDE
I think the smaller explorers are much better
like Cardero (CDU.V) and SilverCrest (SVL.V)
the biggees will be buying out whatever the explorers find
and paying up for it also

and I believe Apex (SIL) is an out & out FRAUD
their San Critobal mine has silver costs much greater than the measly $1.50 per oz
with a mountain of lead & zinc, they will have to pay somebody to port that dead weight out
Cristobal is a giant surplus unwanted lead & zinc mine, with some measure of silver byproduct inside, which will be too costly to extract

I figure they have not and will not ever mine that silver
it is a standing open pit with deceptive cost structure

/ jim