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Pan American Silver Corp. Message Board

  • guidanceplease guidanceplease Mar 28, 2004 3:43 AM Flag

    question for those who know


    Although silver is more or less sitting on its high and has not really declined appreciably after making it, silver stocks are off their highs by almost 10%. I attribute this to several factors:
    a) people are fearing that silver has hit a top and will decline drastically from here
    b)some big boys are selling short now to depress the price so that they can buy cheap
    c) ultimately, silver stocks are only marginally profitable, so "value" investors are still not excited.
    Would like your opinion on short term and midterm prospects.
    Thanks in advance

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