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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: ChanceIs who wrote (149698)4/19/2011 4:10:08 PM
From: Big Dog  Respond to of 206176
 
BUT ya gotta pay the CURRENT premium of 20%+ to get in. Not for da Dog. :)

big



To: ChanceIs who wrote (149698)4/19/2011 4:45:56 PM
From: profile_14  Respond to of 206176
 
You can actually buy it at market from First Majestic on its web site -- why pay the premium? I attended their lunch and bought the stock when it was 3.50 or so. I was so smart I sold it a buck or so later. Punch up the symbol AG. It used to be FRMSF. Buy your silver here instead of waiting one year for PSLV and paying a premium. I am not touching silver here at these levels. In fact, I have a few of their coins to sell I got as tokens during lunches at Mortons.

store.firstmajestic.com



To: ChanceIs who wrote (149698)4/19/2011 5:08:39 PM
From: LoneClone  Respond to of 206176
 
If you are looking for leverage to silver, you'll get much more by investing in juniors and especially warrants on juniors.

I made a post a few weeks ago outlining some ideas; IMO USA.V is probably the best risk/reward right now, while FVI.TO is the best of the bunch, less potential reward but a lot less risk.

That said, the PoS is due for at least a pause if not a retrench any time now.

LC



To: ChanceIs who wrote (149698)4/19/2011 5:28:50 PM
From: upanddown9 Recommendations  Respond to of 206176
 
if you buy a closed end fund - such as PSLV - that you get the extra possible upside of PREMIUM EXPANSION. You know - egg in your beer.

plus you take on the extra possible downside of PREMIUM CONTRACTION. You know - egg in your face.<GGG>