Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (43372)	12/15/2003 7:42:12 PM
From: Canuck Dave	Read Replies (1) \| Respond to of 74559

Oh... I feel like an addict "turning on" a new user. Ok, in the following, stocks mentioned are Canadian with US interlistings in parentheses. The solid plays include PAA (PAAS), which is obviously positioning itself to be a big time, low cost producer, and SSO (SSRI) which is NOT a producer, but has some very good mines. SSO is more of a call on the price of silver. WTC (WTZ) has excellent potential as a future silver producing mine which also has a lot of zinc. FSR is a smaller producer, also a very good call on the price of silver. On the more speculative front, SVL is a very good prospect except they are having some hassles with drilling permits in the Honduras. Eventually, that mine is going to make someone a lot of money. There's two others which I got from a tip sheet, and don't feel comfortable revealing until the newsletter author goes public with them. You may have heard some of us talk about Claude Cormier and the ormetal news letter, which he publishes. "CC" as we call him, has made a lot of us on SI an awful lot of money the past few years. I can't recommend him highly enough (Kastel will second this). If you want to talk to him directly, go here. Member 2202817 I have "dollups" of all stocks mentioned above. There's also (CDE), (SIL), and (HL) on the US side which I think are getting pretty pricey. I never had much luck with them and always seemed to have a better time with PAA and SSO instead. I also am 100% Canadian right now, unwilling to assume the risk of holding any US instruments. For now, this seems OK. There's been lots of "2 da moon" gold, silver, zinc, nickel, platinum (you name it) juniors on Canadian markets the past two years. I'm surprised you haven't sniffed them out earlier (Note that I have had some WTC since it was 90 cents). And how do you think I've been able to do this? Message 19568484 Life is good. CD

To: TobagoJack who wrote (43372)	12/15/2003 11:54:52 PM
From: energyplay	Read Replies (1) \| Respond to of 74559

Silver - The silver companies tend to be much smaller and weaker financial than the gold companies - basically lousy companies. i have had - HL CDE PAAS SIL Leveraged, look at SSRI, which I have not owned yet. Use techincals to enter/exit - this is not NEM, buy and hold.

To: TobagoJack who wrote (43372)	12/16/2003 12:31:35 PM
From: TrueScouse	Read Replies (1) \| Respond to of 74559

Jay: Just to add to Dave's excellent response to your enquiry about silver stocks, I also own several of the one's he mentioned. But the one I'm holding for the longer term is Pan American Silver (PAA), although I hold the warrants on it (PAA.WT on Toronto) rather than the stock. They give extra leverage and they're well in the money, exercisable at $12.00 CDN any time up till Feb 2008. They currently trade at about $8.00. The reason I really like the warrants is that PAA's production from it's new Alamo Dorado mine will start to kick in 12 to 18 months from now. This is a really low cost operation (Corner Bay's former discovery, sold to PAA a couple of years ago), especially in the early years (only about $1.50 per ounce of silver if I remember correctly) -- so my bet is that: - PAA is going to improve it's bottom line dramatically over the next 2 years and the move in its stock price should reflect this - This could coincide with a major increase in the price of silver - The options have over 4 years left - The leverage with the options will increase any % gain significantly. [Of course, any % loss would also be augmented!] :^) Hmmm... I think I've just convinced myself to buy some more! Anyway, they're not very liquid, which is the case with many silver stocks and especially the warrants, but maybe you should take a look at them. Best regards, Howy PS: On the speculative side, I also like SVL a lot, as mentioned by Dave.