first to tell you this stock absolutely sucks dong. That said, I think it's the best time to buy since late 2008.
I didn't like the MFN deal, I think it wasn't accretive to earnings or total resources, but it does help bring down average unit costs and helps diversify the earnings stream. Dolores is a large cash flow producer, so it helps give the cash flow they need to develop Navidad and keep aquiring.
I'd like to see PAAS kidnap some microcap 2-3M oz producers soon, thinks like GOLDEN MINERALS AUMN, Impact, US Silver, Aurcana. EXK wanted to buy Cream Minerals for 16 cents cash in 2010 and its 16 cents now. That looks interesting. I always thought Kimber Resources looked like the kind of deposit that PAAS would go for, good size/grade and ability to grow.
PAAS, if you won't hold silver on your balance sheet like a SANE individual, then for chits sake, don't just sit on $600M like retards, buy something to bolt on! Navidad is YEARS away from any heavy capex, so NO REASON not to.
Speaking of merger/aqs, TAHOE resources will be a strong silver cash generator and I bet they become aquisitive, their mgmt team used to run Glamis Gold. Real all-star hero track record of adding shareholder value.
C'mon PAAS! I would expect $17 if the price of silver was $17 or this was 2007. LOL
SILVER IS THE INVESTMENT OF THE DECADE. BUY. HOLD. ACCUMULATE WISELY. DON'T LISTEN TO THE MEDIA WANKERS AND PIED PIPERS. SILVER IS THE REAL DEAL.