When silver price flattens out companies continue to have profit
Randy Smallwood made this exact point recently. How can these miners be properly valued while silver is in its current mode? It will take time for the broad market to understand that silver is for real. Right now bearish propaganda is winning. I believe silver will eventually stabilize at a very solid price. The miners will go much higher when the calm comes.
It is only a matter of time. Those who sit tight will be well rewarded. You have nailed it.
You are making a valid point. If you notice I did not put a time line or price into my comment. Where it will end, I have no idea, but this is only good news for SLW and the rest of the silver miners that have solid business operations.
Most of the posters on this board have very short term views, and are fighting a losing battle with the tape so to say. I have a long term view in my silver investments. I have already done very well, and think that the best is yet to come.