David Morgan
Avino Silver & Gold Mines Ltd.
ASM-T
HOLD
Aug 06, 2008
Wouldn't be his top pick. Usually goes with the cycle pretty well. We are still in a sceptical stage of the market. Any silver company will do well once the optimistic phase begins.
Challenges with cartels in Mexico. Long history of development in Province. Socialist orientation of Mexican President a worry. Does not own shares at this time. Concerned about inventory & reserves. Drilling results have been fairly strong. Would prefer companies with larger reserves.
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