Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs
Stockchase Opinions

Robert Cohen B.A.Sc., MBA, CFAECU Silver Mining Inc.ECU.TOWAITJun 29, 2006

Working an old property in Mexico. Fairly high grade material. The question is, how big is the resource. Trading has been halted because a client resource is supposed to be coming out.
$2.47

Stock price when the opinion was issued

precious metals
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

DON'T BUY
Silver is doing really well, so why isn’t this one doing well? Because there are a lot of risks associated with it. Last year’s spike was short lived. If you hold exit, if it drops below $0.90.
WAIT
Chart shows it has gone parabolic and is in nosebleed territory. Obviously something fundamental has happened, which he doesn’t know. Volume trend indicates new money has come in and old money has gotten out. Wait for it to go sideways for a while and it doesn’t pull back.
SELL
(Market Call Minute.) $200 million market cap plus and they have a ratty silver deposit in Mexico. Skinny veins.
HOLD
Looking at this one closely. A narrow vein situation and they have drilled fairly extensively. The mill operation is rather on the small size and could be expanded. Finding sulphides, which means a more disseminated deposit but a lot larger. If it pans out they will have a very large resource. There are a lot of shares outstanding and the volume has been weak.
COMMENT
In the early stages of a bull market of a secular uptrend small caps do better than big caps. In the later stages, you're better off to stick with the big caps. This one is an under performer. If you want to buy, put a Stop at its recent low.
BUY
Consolidated nicely this year and just made a double bottom. Finally crossed the 50 day moving average. Moving to the TSE. Watch the peers and if they move up, you should be fine. Silver is going up.
DON'T BUY
Wasn't happy with quality of the 43101 resource that they had done initially, but they are redoing it. Fully valued.
HOLD
Was in a trending triangle and broke out. Hard to say how high it’s going to go. Will probably do very well, but is very speculative, so be prepared to take some money off the table.
HOLD
Silver looks a little bit better than gold. Looks like there is support and will probably be okay. Just don't let it go below its low of August.
BUY
Chart shows a sort of falling wedge. MACD shows a slightly higher high.
TOP PICK
Over 100 million ounces of silver equivalent has been confirmed from the Mexican properties. Since then, there had been a lot more discoveries, which should move it over the 200 million. Going through a technical correction at this point. Have only done about 30% of their drill programs.
COMMENT
A very odd situation. Has gone from a negligible market cap through a half $1 billion market cap but very few people know about it. Can find any outside opinions. Either a great hidden gem or a great scam.
HOLD
Recent report indicates approximately 100 million silver equivalent ounces. Not widely covered. Fairly valued, but more upside from finding more ore.
TOP PICK
Has silver mines in Mexico. There have been some excellent results coming out. Technically, it has had a big run-up on the charts and is currently in a consolidation pattern which should be playing out in a triangular pattern.