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Endeavour Silver Corp. Message Board

  • lightloco lightloco Aug 13, 2013 9:47 AM Flag

    Time to start buying again?

    I think so. Awhile back, late May I think, we wondered if we were bottoming. We weren't and I'm glad I held off. However, last week I think we made the turn and I started buying again at $3.42 and really am happy with myself (for a change). I finally got into the green with SWHC, sold it for a small profit, and added that to my long term position in EXK.

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    • Hi rich,
      EXK and AG are my current management favs, both holding silver back as prices are too low (and they actually recognize that fact publicly).

      HL doing the opposite, stupidly, sold their silver *below* the low last qtr, and is now talking hedging their PMs. Baker is truly an idiot, a very overpaid idiot. There can be no doubt anymore.

      Wish I had 25,000 EXK and 2000 HL instead of the other way around. I'll work during the next year to switch them around.
      Have lots of AUNFF, but lots of repair needed for their share price...nice moves up lately, but a long way to go as their production ramps up.

      Sentiment: Hold

      • 1 Reply to clubfoolish
      • Hey Club,
        Good to hear from you after one my infrequent posts. Nice to know some old friends are still around here. I pretty much quit these boards after they changed them so drastically to where they are hard to use. I'm thinking of AG for my next "new" miner. I've always liked EXK and even though it doesn't really make sense, it appears to be a much better position than HL. My average buy on both of 'em is almost exactly $7.50 at this point. I too will gradually switch the weight to EXK. I haven't near the amount you have, but enough to keep me in the game. For my 12 year old grandaughter (only one of five lets me invest for her) I bought GM at around $19 after they dropped from their opening of about $33 couple years ago. Now she's almost doubled and I just gotta be her favorite grandpa!

        Best of Luck, Rich

        Sentiment: Strong Buy

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