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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: maxncompany who wrote (17196)8/15/2005 7:51:09 AM
From: orkrious  Read Replies (1) | Respond to of 18308
 
What gets me is people hold PAAS because they think a big rise in the price of silver will mean great things for PAAS. Well of course it will. But that's true for most other silver miners too, LOL. So someone holds a $16 stock (PAAS) with a $1 billion plus market cap that basically just barely breaks even, when they could buy a C$4 stock (Silvercorp) with a market cap about C$160 million that will have over $1 per share cash flow in 2006 and then well more than double that in 2007.

for me it's a matter of diversification. for my large silver company, I've choosen paas. I've got plenty of small miners, too. I can also imagine what's going to happen to BCM.v if silver prices shoot up. <g>

If you're going to knock paas because of its valuation, knock it against other large silver companies, of which there aren't very many.



To: maxncompany who wrote (17196)8/15/2005 8:42:05 AM
From: Claude Cormier  Respond to of 18308
 
Interesting what you say. However consider that SIlvercorp is in China and there is not yet a certainty that all permits will be granted and that cash flows will move easily to the west. So in that sense PAAS, although overvalued, is safer and more conservative for the moment whne silver starts moving.