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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (31750)8/12/2008 3:16:50 PM
From: valueminded  Respond to of 78625
 
My opinion is that Sil has been plagued by poor management and lousy returns for quite a while. Managment has been selling the stock consistently since the mid-teens - not a sign of faith.

I think it is a single digit stock at best and may even go under. Only hope for shareholders would be a buy out by sumitomo, maybe for $7 per share. imo



To: Broken_Clock who wrote (31750)8/12/2008 3:23:16 PM
From: Paul Senior  Respond to of 78625
 
SIL. Yes, I reluctantly agree. I will add a few more shares.



To: Broken_Clock who wrote (31750)8/12/2008 3:34:48 PM
From: Mark Marcellus  Read Replies (2) | Respond to of 78625
 
From the earnings report it sure sounds like the mine is profitable.

Just hope it doesn't fit Mark Twain's definition of a mine: "A hole in the ground with a liar standing on top of it."

<g>