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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (59993)6/15/2008 12:19:26 PM
From: gold$10k  Read Replies (1) | Respond to of 78416
 
Tom,

I do not own any USA.V and just started looking at it yesterday. Fundamentally it does not look so bad and actually looks pretty good, especially at these prices.

A resource of 48M oz silver
$1 of mkt cap per silver oz in the ground
An operating mine with $1M quarterly profit
$20M net cash
Located in a mining safe country

www.resourcestockguide.com/comparison_table_page.php?p=4|4|4|0|0|33|0

I would appreciate it if someone more knowledgeable would point out some less appealing aspects.

There has been been a pummeling of many/most juniors regardless of fundamentals and it seems that the shorts tend to renew their efforts in the wake of any news release no matter how positive or negative in order to create doubt about the value of the company. I would not conclude that the low share price is related to USA's fundamentals.

As to your question about the 4 alternative stocks, my approach would be to buy some of each at technically advantageous times.

Best,

vt