$$$ At Discovery Board, we focus on speculative plays in natural resources. Mostly gold and silver but open-minded about technology and energy plays also!!!
We are not immune to trading, but we buy and hold core positions is special situations that we think have promise.
U.S. Silver, USSIF.PK/USA.V This is a silver producer with growth potential that took over the Silver Valley in Idaho when better known previous operators wanted out. Volume has been huge both on the pinks and the venture. Because the cost of mining some of its underground ore is relatively high, the stock is sensitive to changes in the price of silver in the spot market. Big price swings.
$$$ GOLD PRODUCER ~ Claude Resources, CGR / CRJ.TO. I own the warrants, CRJ-WT.TO. Strike price of c$1.60, good until May 2013. I am in this because sometime this year I think they are going to make an important announcement about reopening Madsen mine shaft and mill, which they own along with 10,000 surrounding acres of land that includes past high grade underground gold mines besides Madsen. |
