Stockchase Opinions

Jaime Carrasco Couer D'Alene Mines Corp. CDM-T HOLD Sep 07, 2012

He prefers taking advantage of the dips in stocks. This is one of the bigger silver miners. It's done well but not his favourite pick in silver. Their cost of production is a little higher than the rest so you have to wait for that to come through but they have good leverage to the price of silver.

$24.450

Stock price when the opinion was issued

precious metals
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COMMENT
A terrific silver stock. Right now it's in a bit of a freefall. He would be inclined to look at other silver plays such as U.S. Silver Corp. (USA-X).
HOLD
Has never been a big fan of this gold stock. Have some assets in Idaho, which are tricky. Silver stocks as a group have come under great pressure.
HOLD
Price collapse in last few days is mind-boggling. Patient investors should be rewarded. Next year when project goes into production, we should see earnings coming in. Long term might want to pick a silver stock that is less volatile.
PARTIAL SELL
Whether silver or gold, it is a straight play on the stock market. If you are bullish it is a Buy but if you are concerned, be careful. If you own, consider taking something off the table.
BUY
Wouldn’t be surprised if it had a good rebound at some point.
COMMENT
Have some pretty good cost mines but interest seems to be elsewhere, probably because of less exploration than with others. Silver has done very well.
COMMENT

One of the biggest silver miners globally and is all about patience. Have had a couple of problems on the production side. Good company. Once there is a breakout on the price of silver, they will all follow because the money will come in.

TOP PICK

The gold price will move first. Once we see the move people will see the value in these stocks. 66% more volatile than the TSX.