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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Veteran98 who wrote (203487)9/8/2011 4:19:29 PM
From: 31Floors  Respond to of 312999
 
Congrats to all opportunistic SVM purchasers w/ such a nice day today. I'm very happy w/ my DPM warrants and BCM today. As mentioned before I was adding BCM at the $4 level and it seems to be the kind of large low grade deposit (Corani) that will really move and attract attention when silver breaks out (which it will sooner or later). DPM is a quality outfit, producer and w/ a couple of very interesting investments in subs including SBB. A few mentioned USA silver, I own RVM its next door neighbor that is a call on Rock Creek. This is advertised as one of the largest undeveloped silver resources in N.A. but is subject to a lawsuit that has delayed development. I'm not one to call environmentalists 'enviro terrorists' or any such b.s. because the terrorism is more often than not going the other way. So Rock Creek has been delayed many years will be developed or not (we'll know in 2012) and I'll gladly accept the results of the courts even if my gamble proves wrong. (Some say the market cap is justified by the producing Troy mine (with hedges expiring next year) but of course Rock will have its say one way or the other!)