Management seems to expect full production mid year. Two million ozs this year, three million next. Cash cost mining of silver at $5.02 per oz. Free cash flow is expected from the new acquisition in 2013. Cost of mining an oz of gold there is $800 per oz, projected to drop to $700 next year. Gold currently sits at $1360. Cost should come down since the Lucky Friday refurbishing is finished.
Anyway that's my take.
jmat
Y'all might want to take another look at HL. Company is in turnaround and the CEO just purchased 150,000 shares with his own money. Give it three to six months. Remember when the CEO of KTCC made the large insider buy? Three to six months later the pps exploded. This one could do the same.
jmat
Sentiment: Strong Buy
Does someone know something?
jmat
Ol' jmat stays away from Chinese stocks.
jmat
"I'm in no hurry to buy."
Gold/silver related stocks are headed lower. That tells me it would be a classic time to buy if one was concerned with a bout of inflation. Even a scare will move prices up. The real deal inflation remains a bit further in the future in my estimation - but it's on the way.
jmat
Natural gas supplanting coal as the fuel of choice - at least that's current sentiment.
OXF just suspended their dividend.
I find it difficult to understand why this would be a "strong buy".
Are you trapped underwater?
jmat
"I'm done trying to figure it out."
Hopefully you're buying these dips. God's giving you an opportunity to generate some money.
jmat
"this could be a very good entry point."
Not yet.
Patience, my boy.
jmat
Thanks.
I'm hoping you're feeling alright.
jmat
The CEO stated, "Moving in to the third quarter, we expect to see our revenue reduced by the continued slowdown in demand, from that same customer."
Think I'll wait for a lower entry point. Maybe the $8's or lower.
jmat
Thanks Capt.
I'm still watching and waiting.
jmat
Okay, fellers, at what price point does one enter?
I have a score to settle here.
jmat
'short term correction imminent."
Hopefully so. Ol' jmat's sitting with a fistful of cash in his right hand and a buy list in the left one.
jmat
Price movement portends good earnings ahead.
I see less costs this Q.
jmat
"what's your outlook on inflation and where/when are you positioning yourself?"
I'm looking at energy gold/silver stocks.
PES, FTK, PDS in oil related.
HL, EXK, MUX in gold/silver related.
JVA - coffee roaster/distributor.
FBN & LZB - furniture related. Enter at the right price and trade 'em.
Lastly SGMA (see KTCC)
Have a nice day.
jmat (as in 'ol)
A couple of insider buys by directors in the last few days.
They're using their own proceeds.
Does somebody know something?
jmat
Sentiment: Hold
Please change JVA to INOC.
Thanks,
jmat
HL, JVA, FBN
jmat
Company officer and director bought 3000 @ $5.
jmat
I know, I know, Seeking Alpha is worthless, but I thought this analysis on KTCC was helpful.
Hopefully link works. http://seekingalpha.com/article/1069591-key-tronic-collecting-cash-and-long-term-strategic-success?source=email_rt_article_readmore&ifp=0
jmat