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North American Energy Partners Inc. Message Board

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  • lancekoliver lancekoliver Apr 3, 2011 9:42 PM Flag

    Met coal, oil and silver

    chem,

    Thanks for the thorough reply. Some trade on technicals, some trade on fundamentals, so I try to watch both, simply because whatever people are doing, whether I consider it right or wrong, can affect share price. SLW and the price of silver started diverging more than they usually do on Thursday, about the time that word got out about the strike at San Dimas, which supplies something like 15% of the silver SLW streams. Clearly, that could affect quarterly results if it lasted a long time. I suspect it won't, which means the dip in SLW resulting from the news could be a buying opportunity. But it's just one small piece of the picture.

    I appreciate your insight, as I've found your calls to be quite accurate.

 
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