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Apogee Minerals (APE.V)

RISKY

They don’t have a silver mine yet but they have a very attractive resource, quite risky, in Bolivia. They are in business with the state owned mining companies which helps mitigate the political risk a little. Feels that silver is going to bounce back. Stock got very cheap when a big owner had to dump a lot of stock when his fund was being redeemed. Speculative buy so you have to be ready to lose your money as they are not making any money and are going to have to raise more cash.

COMMENT

Exploring in Bolivia and Chile. Companies like this are not very interesting to him. In 2008, there were 60 million shares and currently there are about 300 million. He would wonder if there might be a stock consolidation at some point. Finally got some revenues of about $600,000 from their Bolivian operations but he wonders how sustainable this is. A lot of risks associated with this.

COMMENT
In Bolivia, which has nationalized a couple of companies. This company is doing a bit of trial mining right now with that small number of people actually producing some silver. Challenging.
HOLD
(Market Call Minute.) In Bolivia and the appetite and political is not high. (?)
BUY
Big silver deposit and trades at a very big discount to anything in the silver space because it is in Bolivia. You can operate and do business in Bolivia and this is why he owns this one.
PARTIAL BUY
Has a significant find. The problem is that it is in Bolivia. Thinks it is overdone and thinks it is worth the risk. Undervalued relative to the asset. Speculative so just buy a little.
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Apogee Minerals (APE.V) Frequently Asked Questions

What is Apogee Minerals stock symbol?

Apogee Minerals is a OTC stock, trading under the symbol APE.V (previously APE-X on Stockchase) on the undefined (undefined). It is usually referred to as or APE.V

Is Apogee Minerals a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on APE.V (previously APE-X on Stockchase) on Stockchase. Read the latest expert commentary for Apogee Minerals.

Is Apogee Minerals a good investment or a top pick?

Apogee Minerals was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Apogee Minerals.

Why is Apogee Minerals stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Apogee Minerals.

Is Apogee Minerals worth watching?

Apogee Minerals is followed by 6 investors on Stockchase and is a trending stock that is worth watching.