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Pan American Silver Corp. Message Board

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  • Reply to

    added at 6.25

    by sakhaneft Dec 17, 2015 12:21 PM

    There is always a first time.
    I do remember buying at 7.70 and see8ng it under 6 not long after
    Tread litely cowboy.this b the market.However low u think a stock can go it can go alpt lower

  • Reply to

    added at 6.25

    by sakhaneft Dec 17, 2015 12:21 PM

    wow Arizone...I bet you sold the bottom...I added while you sold and have never been so long miners.

  • Reply to

    added at 6.25

    by sakhaneft Dec 17, 2015 12:21 PM

    UNLESS HE CAN get his hands on it, not even Barack Hussein can screw with your gold and silver coins.. NOT UNLESS are the key words in this phrase. PRAISE JESUS for TUPPERWARE~!!

    Sentiment: Strong Buy

  • Reply to

    added at 6.25

    by sakhaneft Dec 17, 2015 12:21 PM

    With respect to the rise in interest rates there are two points to be made. The first is that, contrary to the general belief that gold is less attractive in an environment of rising rates because it doesn’t pay interest, it actually does well, because some of the money that floods out of the stock-market flows into gold. Second, the Fed’s diminutive rate rise was a hollow face-saving measure, intended to salvage some credibility after it had been “crying wolf” for so long. It is too little and far too late. The time to raise rates is when the economy is strengthening and beginning a new growth cycle – what has happened here is that they are trying to raise rates at a time when an artificially induced recovery brought about by a tidal wave of money printing is already spluttering and running out of steam. The Fed, having been progressively cornered by their past misdeeds and gross excesses, are desperately trying to demonstrate that they are still in control when they no longer are. The market has got the ball now and will show them who’s boss by crashing the Junk Bond market, which is already happening, starving the stock-market of buyback funds so that it collapses, with the result that the Fed has to make a groveling about face into NIRP (no interest rate percentage) and then embark on its final act of reckless abandon, QE4, at which point gold will take off like a rocket. So it is by no means guaranteed that the dollar will embark on another major up-leg – if the market figures out that this is going to happen, the dollar could top.. quickly see more at 321 gold

    Sentiment: Strong Buy

  • Reply to

    added at 6.25

    by sakhaneft Dec 17, 2015 12:21 PM

    7.90 aint bad.we went to like 8.50 not long ago.
    I entered at 7.70 .sold some still have some added at 6.25 but escaped unharmed on my short position.i know guys ,no one cares about my position.Just happy to be out of a horrible short position.
    Its funny some people invest long term .
    Its good u made 3 bucks trading over the last year.almost 50 per cent.

  • Reply to

    had to buy more at 6.55

    by sakhaneft Dec 14, 2015 2:14 PM

    I bought oil stocks in Russia last time oil went from 12-15 and had a few 5 baggers and 1 10 bagger. You are not getting through actually. Its a matter of timing. I would never buy oil shares for the longterm at the moment but see an opportunity in miners ( as big an opportunity as I saw in oil way back when )...I have most of my investment dollars in 3 names. SSRI, PAAS and AG. I see 5 baggers written on them.

  • Reply to

    added at 6.25

    by sakhaneft Dec 17, 2015 12:21 PM

    I think the fed is stuck...they wont raise anymore.
    My cost on my LT position is 7.90 so down quite a bit...but I have made at least 3 dollars trading PAAS over the past year so doing well in the name.
    As for silver I did sell my silver position at 32, but und=fortunately bought it back gradually to a 21 cost so its actually my biggest loser.
    I NEVER thought that silver would be at these levels...but I also never expected JP Morgan to get away with such manipulation without getting prosecuted.
    The US is the most corrupt market in the world unfortunately where little guys like Shkrelli get arrestested but Corzine and JP Morgan get away with murder.

  • Reply to

    added at 6.25

    by sakhaneft Dec 17, 2015 12:21 PM

    Sak whats your investment shares cost?
    What per cent is that down.
    Crazy ted bt in the low to mid 9s and sold in the mid 8s and rather quickly was very happy when the pps went under 6.

  • Reply to

    had to buy more at 6.55

    by sakhaneft Dec 14, 2015 2:14 PM

    You may exit 15 percent higher within a month.or u may not u may be down 30 percent within a month.
    This is silver and this is the stock mkt.
    I was around when silver was 5 bucks an ounce and like 40 bucks an ounce
    Am i getting through?oil 10 bucks an barrel an 150 bucks a barrel.
    Am i getting through?
    Gold 250 an ounce for years then 2000 an ounce
    Am i getting through?
    Mortg rates 2 per cent and 18 per cent.
    Am i getting through?

  • Reply to

    added at 6.25

    by sakhaneft Dec 17, 2015 12:21 PM

    Recker.
    Simple.supply and demand econ 101

  • Reply to

    added at 6.25

    by sakhaneft Dec 17, 2015 12:21 PM

    Sak.making 20 percent b luck. 10 per cent no problem 15 percent good and lucky
    Means u have to buy pretty low and pull the trigger at the right time

  • Reply to

    Bought again at 6.45

    by sakhaneft Dec 17, 2015 9:41 AM

    Theodore.
    U may b good at settling cases but u need to learn how stocks trade.
    Fwiw
    I closed out of a bad short position held for months unscathed and added long shares a dime lower.
    az
    yup.it is like playing black jack

  • Most likely, Argentina will offer green light to Navidad development in near-term. This project had enormous value in good silver market. Probably, it would be still profitable now, depending on taxes and royalties. Former development proposals included onerous royalties that caused company to shelve the project.

    If green light is delivered and development proposals are modified to more reasonable version (it is possible with new pro-business Argentinean government), then PAAS will have to make a challenging decision. It already spent good portion of the funds that were raised many years ago to develop Navidad. Actually, that fundraising is still the reason why PAAS has strong balance sheet. If company decides to proceed with Navidad construction, then it will have to use all available cash and full extent of available $300M credit line and, maybe, raise more money.

    In other words, PAAS investors will have to decide whether taking risk on going with the company, fully leveraged unlike it is now, is worth of possible rewards. I am going to re-visit this issue on the projected point when PAAS would be disclosing actual terms of Navidad story. PAAS was the last PM stock where I did some investment many years ago. It is possible that it will be the first stock to get back to the sector. Again, it will be based on numbers and data (this part is borrowed from Fed lexicon :).

  • Reply to

    added at 6.25

    by sakhaneft Dec 17, 2015 12:21 PM

    Are you sure about Fed rate plans? It seems to me that Fed has forecast for rates at the end of 2016 at 1.375%. It is 0.50% now, so it indicates few increases in 2016.
    By the way, what was your forecast for silver and miners for 2015, 2014, 2013, etc?

  • Reply to

    added at 6.25

    by sakhaneft Dec 17, 2015 12:21 PM

    Well good luck. I am out and done with silver stocks as they are like playing blackjack I learned. Certainly not real wise investments.

  • Reply to

    added at 6.25

    by sakhaneft Dec 17, 2015 12:21 PM

    camp...all I am saying as these big dips have almost always worked out for me to make 15-20%...the key is selling.
    I do have a LT position which I am down at the moment and not worried at all.
    The feds language yday was that there would NOT be a gradual increase in rates thus this increase is meaningless. Look for gold/silver to have a good year in 2016 with miners leading the charge.
    I see PAAS back at 12 in 2016.

  • Reply to

    Shorting AG is the way to go

    by papalikesnbg Nov 17, 2015 11:33 AM

    Girls, SHORT and PUT all these WORTHLESS silver/gold PIG FARMS into the toilet where they belong!! Every PUNY pathetic DEADCAT BURP will be ERASED in a heartbeat, as per the silver/gold PIG FARM BEAR market norm, and ALL the silver/gold CALL options will be WIPED OUT WORTHLESS again...very much DESERVED!!! LOL

    Nothing more than a 50 CENT penny junk silver/gold PIG FARM, masquerading as a 7.00 MEGA BUBBLE, and will PANIC SELL CRASH into close of the year!!! ALL these rotten silver/gold PIG FARMS FAILED as flight to safety during ALL financial turmoil and international crises!! WORTHLESS

  • Reply to

    Bought again at 6.45

    by sakhaneft Dec 17, 2015 9:41 AM

    but why such a steep drop in PAAS today? any news?

  • Reply to

    added at 6.25

    by sakhaneft Dec 17, 2015 12:21 PM

    It could be that share price stays in 6s with the same silver price, but it would be the best-case scenario. PAAS has cash; therefore, it could withstand few more years of low silver price. This company burns about $100M/year now, so it has $$ for 2-3 years and then it has a big credit line, if I remember correctly. Will it work the same for more leveraged silver miners? Probably, not.

    In any case, the idea of sitting on the same level, would not be too promising for many investors. After all, we invest for capital gains and they could be pursued in many market places. Investing in silver miners, even in the most solid, relatively speaking, is a gambling proposition at this point, and it was this way for many years.

  • Reply to

    added at 6.25

    by sakhaneft Dec 17, 2015 12:21 PM

    If silver stays were it is at you will probably see this stock trading in the 6 dollare level years from now.

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