SLW is trading at 27 with a book value of 7.50... CDE book value 23. LOL keep shorting it guys I'm buying as the MM and institutions are as well. Way oversold just blew away earnings by 10cents and the stock is trading down. Market correction or not its going up. I can wait out the shorts. Be patient this stock will hit 25 even if gold hits 1500. Yes I mentioned gold as all the naysayers talk only silver they sold gold this quarter at 1700. Don't forget the mine in Alaska is full production now and gold and silver player.
Due your DD. I bought my last 1700 shares I can afford. see you in 1 year
We start start seeing resistance here as the others tank it and break our own. We are trading we oversold while the others like SLW have room to run before they hit the 52 lows. That is why CDE is a better buy but I hear you on the great pick-up. They may go a bit lower but hold on for the ride up. Just end of last year I bought LCC in mid 4 buck range watched it go down a whole dollar then sprout back up to $10. Gold and silver prices can't go to much lower but even if they did the miners are overly beat up.