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Great Panther Silver Ltd Message Board

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  • daabaadee daabaadee Dec 13, 2011 2:40 PM Flag

    See that volume...

    SS,

    It's all about timeing.

    Right now with the euro tanking
    and the dollar rising we all know that it's not the time to be buying any PMs or mineing stocks.

    With Europe in recession
    industrial demand for silver lessens,that is also contributing to silver prices falling.

    Right now there are just to many headwinds
    to be in the PM sector.

    Re: GPL

    These guys just miss expectations time after time.

    GPL and its shareholders would be better served with EXK
    running the operation.

    When the price is low enough EXK will make an offer and hopefully it will be a big win for GPL shareholders.

    The way to play this
    was to SELL High,
    like I said to do around $2.75-$2.90
    let GPL fall,
    then buy back in before the buyout offer is accepted.

    If you ride it down to $1.50 and the buyout is $3 you've made nothing,
    where as if you sold at $3 bought back in at $1.50 its a 100% return.

    I can lead these longs
    to the water but I can't make them drink it.

    My only concern now
    is to stop them from
    taking anyone else down with them.

    GLTU

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GPL
1.18-0.05(-4.07%)2:58 PMEDT

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