You are deludesd, silver is crashing, china inventories at all time high.
Going to be a very tough year for silver by all accounts.
May see $20 an ounce, and PAAS loses money then.
consensus is 22 tp, of course you should take the highest!
yeah and drops 3% in a day!! Great advuce.
POS company. Silver/Gold is collapsing and we spend 50m of our money buying into a junior producer.
talk about eggs in one basket.
Idiots
down 41c today sub $28.
Not going to be good for results of PAAS
My bad, missed it with all the spam. Funny transaction, an asset sale for stock a share purchase and a loan. Looks like they are trying the slw model. Good news form swl today should bode well for tomorrow. Bid/ask is up after hours
Pan American will subscribe for 20,600,000 Common Shares of Esperanza at a price of $1.70 per Common Share representing a premium of 29% to the 20-day volume weighted average share price on the TSX Venture Exchange and a 48% premium to the closing price on February 22, 2013 (the "Offering"); and
Current shareprice is $1.05.
Why they doing this?
Apart from quarterly reports.... Nada!
Unless of course it ups production. Silver price too low . Silver been trading sideways for the first time in years either going to break up or down . Don't know which.
silver was down yet this pushed up late in the day.. News at the weekend?
Will PAAS be taken out for its great assets and huge cash pile?
Link to credit Suisse comments on Nasdaq. Not picked up by fool and bots as they got paas ticker wrong. http://www.nasdaq.com/article/analyst-actions-credit-suisse-revises-estimate-target-price-on-silver-standard-cm223108#.UTfh5vq9Kc0
They were commenting in silver standard today and stated that paas was their "preferred peer"
Like jaffray? They need qysima.