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Pan American Silver Corp. Message Board

danbrady 5 posts  |  Last Activity: Jul 11, 2016 11:33 AM Member since: Jul 29, 1999
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  • Reply to

    MUX is my #1 top performing stock this year.

    by cedarburg57 Jul 10, 2016 7:23 PM
    danbrady danbrady Jul 11, 2016 11:33 AM Flag

    #$%$ yahoo post tool cuts off content with no warning at all? Here's the rest of what was originally there:

    EGO 70%
    EXK 250%
    FNV 71%
    GG 72%
    GGN 38%
    GNT 38%
    GOLD 99%
    GORO 222%
    GSS 353%
    HL 222%
    MUX 357%
    NG 72%
    NGD 112%
    PAAS 188%
    RGLD 124%
    SAND 100%
    SLW 111%
    TRX 302%
    XRA 324%

  • Reply to

    MUX is my #1 top performing stock this year.

    by cedarburg57 Jul 10, 2016 7:23 PM
    danbrady danbrady Jul 11, 2016 11:26 AM Flag

    It's been a kicker. But to put it in perspective, it's as if something at $100 went to $1, and then rose to $4. A 300% gain, but on the big chart, still massive room to run to get back to proper valuations. The pricing for bankruptcy of the entire mining industry was exactly the kind of big money leveraged overshoot you'd expect from mo-mo hedge funds and day trading raiders. IHMO action to-date is just them starting to pull away; the rise from money "flooding" into a teeny hot sector is just getting started.

    But it's not just MUX. Here are my various mining/pm related holdings, winners and stinkers. More than half of them are now back to green (yes, some are *still* red and need to keep cooking). I love the current trend...

    Performance YTD from the yahoo finance charts...

    AKG - 198%
    AUY - 210%
    CEF - 48%

  • Reply to

    Investing in GGN

    by alicesmoney Jul 1, 2016 6:24 PM
    danbrady danbrady Jul 5, 2016 11:14 PM Flag

    Alice, GGN's distributions are classified "Return of Capital". You likely need to get tax consequences of ROC in a ROTH answered by someone who is qualified to address the long term tax concerns (not simple board followers). I've learned that other types of investments (MLPs, for instance) when held in a ROTH, can still generate taxes owed.

    You might be onto something sweet; but check with a tax professional to be sure.

  • danbrady danbrady Jun 29, 2016 12:21 PM Flag

    Go easy on him. A lot of us lived through years of gut check (I owned MUX back when it was UXG, and was one who exercised the rights option to purchase even more shares at $2.25) Being somewhat stubborn and insane, my reaction to sub $1 prices with an existing DCA above $3 was to quadruple down and buy even more.

    I'm glad I did, but I have acid holes in my stomach lining from that and similar experiences.

    Think of Al as someone true to his own convictions who damned well deserves the luxury of rooting, cheering and enjoying the sunshine when it arrives.

    Sentiment: Strong Buy

  • Reply to

    does mux pay dividend?

    by bronxrealtyco Jun 28, 2016 10:11 AM
    danbrady danbrady Jun 28, 2016 12:01 PM Flag

    Yes. 0.01 per year, split between sept and feb. This sept div will be the company's 3rd, so it is still relatively new.

17.79-0.47(-2.57%)Sep 23 4:00 PMEDT