Objectively looking at SLW, questions still linger. ie; adding the costs (upfront payments) which are rising to mine the agreed upon production levels of silver to what appears to be, only on the surface, an additional substantially below market cost per oz , what is the actual "total cost" per oz. to SLW?
What is it? $15? $18 per or even higher? With mining costs, *(labor/jurisdictional taxes-restrictions/high risk geologic endeavors, etc,etc) far outpacing the market value of the commodity, smooth sailing for SLW isn't what it looks like to me.
What are the blogs peddling here? Fact or fiction?
Do any of you understand the statement "I'm not really sure how to evaluate the impact of low spot silver and it's corresponding effect/impact on SLW EPS"? The obvious is that the street virtually cut the share price in half, but my Q has more to with what happens if silver languishes at these depressed levels for an extended period of time? "Is this scenario built in already to the PPS? Biotech is primarily where I hang my hat and I thought I might get some constructive feedback here! Guess not and fair enough!
You guys are as perceptive as eggplants!
I'm NO short seller, unfortunately from 40s or anywhere for that matter. They are either very smart or just very lucky. I'm actually considering going long the stock but am having a problem determining the risks still in play at current valuation and that is all.
A bounce within an absolutely wicked downtrend from the 12 mo highs means next to NOTHING and every one of you know that
PS, you boys can save the BS for the gullible. Every one of you will take your short term trades and race to the exits at the first sign that this bounce is short lived.
Good luck to you all none the less, you may need it!