EXK is the only minor silver miner worth investing in relative to risk.
Amateurs invest in pink sheet garbage. There is a reason why certain stocks are pink sheet. So the companies do not have to disclose ANYTHING to investors, much less disclose the truth.
It's already been proven that USSIF is being pumped by a criminal, Jonathan Lebed.
Yet amateurs invest in USSIF as if they know what they are doing.
EXK is the only small cap silver miner out there that will make fast and furious gains in the next several months.
BS re: pink sheet stocks. If you follow the story of James Douglas 1870's - early 1900's and his family, they made their fortune speculating in Canadian penny mining stocks. Douglas went on to become president of Phelps Dodge.
Read about this at the Jerome, AZ museum that was the Douglas mansion.
"Amateurs invest in pink sheet garbage. There is a reason why certain stocks are pink sheet. So the companies do not have to disclose ANYTHING to investors, much less disclose the truth."
"EXK is the only small cap silver miner out there that will make fast and furious gains in the next several months."
The first paragraph from bookad has elements of truth and in general pink sheet stocks are high risk for many reasons. Even if you do extensive due diligence, there is a lot of risk remaining and this is why I buy a basket of pink sheet PM stocks and I limit my portfolio exposure to a small percentage (typically 5 to 10%). However large stocks on the NYSE carry risk of fraud and abuse as well, e.g., Enron and AIG are cases in point. So were a large number of financial institutions in 2008. I defy anyone who could have seen AIG's demise coming no matter how much due diligence one had done on their financial reports. The odds are better for mature stocks listed on major exchanges, but they are still odds.
bookad's second paragraph re EXK is also high risk. The odds may be better than pink sheets but odds are odds. Are they better than a basket of pink sheet stocks. Thats what makes a market. Due your own due diligence and good luck. At any rate the best odds are physical and SLW. At least for the short to medium term. JMO
Bookad-If you did your homework you would see Jon Lebed also promoted and still promotes SLW, ABX, HL and MANY other PM producers and miners.
As the famous Boxing Promoter and Charlotan Don King used to say "Only in America".
Lighten up. No one can stop him from doing what he does.
There are still many good small micro and mini caps out there. Below purchases are 2010. Minerva Andes(MNEAF.PK)doing very well.
MNEAF.PK Buy Apr 7 up 199%
Buy Nov 21 up 42% (announced latest drilling results)
GPRLF.PK Buy Oct 27 up 100%
Buy Nov 10 up 24%
Buy Nov 19 up 18%
GGCRF.PK Buy Sep 27 up 58%
Do your own due dil.
I have a few thousand shares each of USSIF.PK, SNDXF.PK (sand storm resources, headed by the former CFO of SLW) and FRMSF.PK (though I don't know if FRMSF qualifies as a junior anymore). I almost bought MNEAF.OB (Rob McEwen who developed GG) last week. Didn't pull the trigger but it is up 30% in a week. I do have an open order for it incase the price pulls back a bit from here. It was in a Kitco piece over the weekend and I think that helped it get a little hype. Also, though it is not a junior, I do hold a large position in SVM.
Pro-No arument on SLW. I have. I do and I will :)
IF silver goes parabolic, moreso than it has, I mean multiples of today's numbers, there may be some opps in some juniors for a small %. Always a gamble, yes.
And as I said, "sort of OT".
I value opinions of others on this board.
Check out Silvermex. Great opportunity at ground level. They just completed a pp and Sprott asset management was a major player. They now have 21 million in the bank, great management and solid properties.
Trading @ .70's probably some of the cheapest silver in the ground. I already backed the truck up and continue to buy.
It's def worth a look.