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Gold/Mining/Energy : Canadian Warrants Only -- Ignore unavailable to you. Want to Upgrade?


To: PaperPerson who wrote (14630)8/28/2010 11:18:07 PM
From: kidl  Read Replies (2) | Respond to of 23091
 
Just saw another post regarding AXR:
Message 26784791

Just info. Not a judgement call.



To: PaperPerson who wrote (14630)8/29/2010 6:53:57 PM
From: DrBill1 Recommendation  Read Replies (1) | Respond to of 23091
 
Take a good look at U.S. Silver (V.USA} which already is a major producer of silver (6 to 7% of current U.S. [or is it NA]production). Good reserve tonnage, but a low grade resource. Costs USA about $10/ounce to produce--so much leverage to higher POS. Trading at low multiples of cash flow this 24 cent stock could quickly become a 50 cent to $1 stock. Bonus: looks like there may be mine consolidation coming in Idaho silver district & USA large acreage right in the middle of it. Complete your due diligence but looks very, very good to me in this dynamic precious metals environment; SP should light up as silver crosses $20/oz.; margins will balloon.
DrBill