Yeah, major caveat though. You and all the bull here seem to be of the ASSUMPTION that silver's price progression will go as follows: $20, $21, $22, and the a prompt, blistering $18 launch straight to $40 in a matter of a couple days only! Isn't it funny, and odd, how you guys insist on believing nothing less than utter Hype? LoL Three ratings positive. The metal has shown NO ability yet to maintain $20, let alone rally anywhere Close to the SLOWWWLY declining 200-wk moving avg, still well up from the present ~$19.50, just under $24 at $23.95, which itself would be an impressive 20% jump! But $40 sounds so great, and we want Ag to be there SO darn desperately (how much did all of you pumpers purchase way up there???), that we've just come to *expect* silver will race right back up 100%, to $40, at any moment! Once again and as Always, NO ONE IS CONSERVATIVE (except, most interestingly, us bears)!
I'm still waiting for Zeall's Adam Hamilton's all but ASSURED $40 Ag that he projected last year August to be seen by this MAY, roughly, base on his assessment of the Wildly lopsided short vs. long silver futures on the COT reports! He analyzed that with the huge amount of short sellers beginning to cover then as the metal was coming of $18s and $19s, and fresh longs starting to pile on, that a vicious "squeeze" to ~$40-ish or above was about Inevitable! Whew boy, what happened, Adam? It ran up to $25, then $23, before falling back to $19s! Then rallied to $22+before retreating...to $19s. And the recent upmove to $21s, which again has resulted in a return to $19s!
What's (not) up with that, charlie? Where's $21? $22? $23? $Thirty? $FORTY??? Err, whoops, how about $24s and $25+ again...let along $26, $27, $28...$37, $38, $39s and THEN $40? Got news, can't you see the trek's likely to be Slowwwww...so if SVM follows your plan they'll probably go Broke a long time before silver ever again attains the $40 level. Halting production halts revenue which in turn halts cash flow.
Think you all can bring SVM up to then over the $2, exactly the 20-wk, you ol' technical(ly weak) asianshortsqueeze stockdude you, :-) as that beyou-teefool and Massive overhead supply that I talk about keeps building at and under the $2.40 level, the number which ironically perfectly coincides at this time! HAVE TO LOVE IT!!!!
Will you share your "bullish(ly bullsheet) analysis regarding this countertrend but *grinding* pattern that's going on? And the weekly chart metrics roll. Whattya think, 'bout another quarter or so's now reprieve,by November probably, til "the definitive bottom that's in" CAVES in as...
TAX LOSS SELLING IS OCCURRING THROUGHOUT SMALLCAP & MIDCAP STOCKS, RAMPANTLY AND WIDESPREAD IN CO. MKT CAPS!!!
Look for SVM to be included on that list if it cannot get above $2.20s as we move past summer then deeper into autumn season w/o any assault toward that falling $2.40 wedge. Whew boy, 9 months of supply now, that is!
And silver, too? Hmm, dipping to $19s again. Just as bearish as bullish, clearly. Who'd have thought?!? (-;
Oh my gosh, you have completely lost it with that presumption and conclusion.
Wrong two people, heheheh, my brotherrr! You haven't caught on yet that it's seymour_smoke_and_mirrors?
You'd best go puff some more of that primo gunga your marihooch stocks produce and market, rather than any *EssHoe* doing the "MEDS" you speak of, and go mellow the hlle out.
You really provide too much information on topic to the stock man. Glad you get your rocks off posting the childish clap trap you do.
"HI, I'M LOBSTERBREATH AND I COULDN'T DECIDE BEFORE YESTERDAY'S EARNINGS REPORT WHETHER I HELD THE STOCK OR I SOLD IT UNTIL FINDING OUT WHETHER SHARES WERE TRADING HIGHER, OR DOWN!!!!!"
Maybe! With the same, lackluster, NO GROWTH results, too!
CHARLIE GETS THE MOST EXCITED OF THE BUNCH OF YOU, GOBBLING DOWN THE TURRRDS YESTERDAY FROM MYLES GAO, P. GEO., PRESIDENT & CEO!!!
Btw, charlie, your accounting may be great by your stock market acumen and stock picking is right down there as bad as doctors!!!
Nevermind that the turrrd cannot rally with its peers to save its life...that its move off of its low is up the LEAST of any in the sector! LoL
WHERE'S THAT *GLOBAL*SHORTSQUEEZE???
"Thank you for telling us what's TRUTHFUL, oopsi, and most REALISTIC. You and asianvest have been so Right about almost everything Silvercorp while us longs are WAY off base! And That is why we constantly must rate your messages with thumbs-downs. Even if you had said SVM will earn at Least a nickel in each of the remaining quarters for FY15, we'd have to rate those negatively, because the company has given Every indication that they're capable of earning no less than a DIME per share in each Q! Get with the program, oopsi, we're going to $200 a share by year's end! That other poster is bang on when he cited our BREAKOUT at $1.89 a few weeks ago and we're hovering at $1.88!"
So, should be another "Good Quarter" shaping up for the company, eh, longs? We can forget about lst night's report already, basically...aside from the embedded hints of Guidance. With silver still meandering aimlessly on either side of the $20 level as we go moving past the current quarter's midpoint, it looks like only asianvest, kzaz and I are keen enough to see that the bottom line isn't likely to have much, if Any, upside improvement.
Nothing here more than HYPE from longs, The company makes a couple pennies a share and looks to Continue at or around this pace, at best. BUT, I'll give them the benefit of the doubt by suggesting they'll Increase earnings by one cent per Q, which would amount to: $0.02 (just reported) + $0.03 (this Q) + $0.04 (next Q) + $0.05 (Q4) = $0.14 for FY2015. At present $1.86, that would be a P/E of about 13.3. FULLY VALUED it is, unless and until they can show "upside improvement."
WHOAAAAA!!! There goes another of my, uhm, what ryugo says are "crash stocks!"
FRIGGING +30% IN A MONTH!!!!!
How's go-nowhere SHYYYYYTEvercorp treating you guys? :-)~
What's taking SVM's GLOBALshortsqueeze so long???
Shouldn't this OUTSTANDING earnings rpt Easily be launching the stock over $2?????
Yeah, hard to believe a NO GROWTH company can be trading at better than 15 times forward earnings, allowing for a 50% earnings increase to $0.03 per Q!
Unbelievably high price for its stock. Furthest thing from a _bargain_!
How's your MNST doubting (SHORTING!) working out for you?
Having any trouble adding your latest allotment of 100 shares at these deader than doorknob $1.80s prices?
GREAT PRODUCTION RESULTS! ALL THEY NEED TO DO BOOST THE NEW GC MINE TO 100% CAPACITY THEN THE CO. *MAY* RETURN TO LAST YEAR'S OUTPUT LEVELS!!! HEHEH, SO MUCH _GROWTH_ HERE, RYUGO_AHOE!!!
Why not? Those who never discuss COMPANY FUNDAMENTALS of course will choose to happily bump this topic. WAAA-WAAA, the stock had a BRIEF AND MINOR several week dip in response to JC's scathing article back in 2011, from $8s to ~$6 and then back to $8s. Big deal! You had nearly three years since and $7s, $6s, $5s, $4s, $3s and $2s to protect and preserve your money--I mean, in your instance, silver--with your Own responsibility. Naturally though, as all lame-o Yahooers do, you'd rather place the blame on somebody else rather than understand that it's YOUR fault for allowing your "paper declines" to get so out of hand, as only YOU have the ability to control/manage your own invested capital funds.
Sooo, ask yourselves, why is trader_v0loser so Desperate with this sputtering, sinking P_0_S that's traded Down 11.43% from that July 7th's $2.10 which may very possibly be eyeing its prior lows after this coming report while the GDXJ index in which SVM is a component trends Higher toward a breakout???
REALLY BIZARRE HOW MANY INVEST AS MASOCHISTS, HAPPILY AWAITING THE NEXT DISASTER.
Hmmm, could be because it makes for great--although, yeah, but cheap--entertainment watching Fools like you who profess to be astute with your "trader"ing and investing, being so happy to PRAY for good results while continually taking a BATH with a frigging *dog*!!!!
I mean, who the hlle would ever want to LEARN from a terrible performing stock they own which chronically lags and lags its sector's peer players...seeking to LEARN from the experience all of the whys and wherefores of why the stock cannot/has not "managed" (hint!) to see GAINS since the group had bottomed. "Nahhh, heck with that," says trader_V05shamp00p. "I and we are Quite content to keep clinging to our SEVERE "paper losses" as most everything else gold/silver/lead/zinc/nickel marches ahead positively! Watching our Silvercraaapola pop a few cents and slip right back to declines or UNCH day after day after day! Uh-huh, we are totally thrilled to be holding our -18% ytd performance, simply awaiting this quarter's NEXT bad news to tell the ``shorts and manipulators`` once again that ALL THE BAD NEWS IS NOW OUT!" For like the 10th straight quarter!
Ask yourselves, why so desperate for the INEVITABLE next...
Revenue of $104.7 million generated from concentrate sales at operating costs of $48.2 million resulted in earnings from mine operations of $56.5 million.
Net earnings for the quarter amounted to $36.1 million or $0.25 per share.
Operating cash flow before changes in working capital was $58.9 million or $0.40 per share.
First half production was 9.9 million silver ounces.
Realized price of silver from concentrate sales averaged $20.82 per ounce.
Cash and equivalents at quarter-end were $51.5 million.
Talkin' about Tahoe Resources, Inc. Reports Q2 EPS of $0.25 vs $0.21 Est., Revenue of $104.70M vs $95.49M Est.
Tahoe Resources, Inc. (NYSE: TAHO) reports EPS were up 350% from the same quarter last year, and increased by 47% QoQ from the $0.17 EPS reported in May.
Tahoe Chief Executive Officer Kevin McArthur said, "The ramp-up and optimization at Escobal were completed as planned during the second quarter. We are very happy with the outstanding team performance at the Escobal mine, and we continue to make great strides towards accomplishing our 2014 goals. In addition to posting strong operating and financial results for the quarter, we have positioned the Company's balance sheet to reflect a strong cash balance by year-end."
Production at the Escobal mine continued to ramp-up through the quarter, achieving the 3500 tonne per day (tpd) target. Mill throughput averaged 3,419 tpd in the second quarter, reaching an average throughput of 3,709 tpd in June and 3,788 tpd in July. In the first half of 2014, 584,784 tonnes of feed were processed through the mill.
Sure is a STRONG $1.87 stock, huh? Longs know, and HAVE known all along, that they've got the A-1, winningest (LoL) pick in the group, as it hovers close to its lows throughout the _recovering_ phase the sector has been seeing, absolutely LOVING their 4th straight year of Negative performance, sporting a fabulous -18.34& ytd, while SIL is +29.7%, GDXJ is +37.9%...and true Leaders like your Lake Shore Gold (LSG) is up 167% and the TAHO Resources I often reference is +63%! Seriously, just watch how people like lobsterpot and trader_v05shampo0o0op will get so excited at EVERYTHING the company reports Thursday!
Franco-Nevada Reports Strong Q2 2014 Results. "Franco- Nevada's diversified portfolio continues to provide impressive results," said David Harquail , CEO. "We remain a gold-focused company and in the past nine months have invested over $260 million , primarily in gold assets, adding over 30 new royalties to our portfolio. Franco-Nevada remains financially strong, debt free and we expect to continue to make further investments."
For the second quarter of 2014, REVENUE grew to $107.7 million , an INCREASE of 15%, over the second quarter of 2013. GEOs (GOLD EQUIVALENT OUNCES) were 64,734 representing a 15% INCREASE over the same period of 2013. The Company saw growth in revenue and GEOs from recent acquisitions and higher production levels from Canadian, International, and Australian gold assets, PGM assets and other minerals, partially offset by lower production from U.S. gold assets.
Oh, and how about this interesting tidbit? :-)
"The Company adopted a Dividend Reinvestment Plan ("DRIP") commencing with the October 2013 dividend. Participation in the DRIP is optional. The Company will issue the additional common shares through treasury at a 3% discount to the Average Market Price, as defined in the DRIP. However, the Company may, from time to time, in its discretion, change or eliminate the discount applicable to treasury acquisitions or direct that such common shares be purchased in market acquisitions at the prevailing market price, any of which would be publicly announced."
Oh Nooo!!! No, no, no, no, NO! Great Panther Silver is doing the "wrong thing" as they INCREASED production--TO RECORD HIGHS--even as charlie advises the "stupidity" of any miners doing this in the "low, manipulated silver price environment!" Shame on GPL! Their stock, being amongst the Leaders in the gold/silver sector and near a 52-wk HIGH, needs charlie to be "minding their store" and bringing their production to a Halt...which would probably result in the stock itself being halted, only to go plummeting the moment it reopened!!! LoL
"Great Panther Silver Reports Second Quarter 2014 Financial Results. "Great Panther's operations processed a record amount of ore in the second quarter of 2014 as a result of starting commercial production at San Ignacio. This is a significant milestone for Great Panther as San Ignacio will make a growing contribution to the future of the Guanajuato operation", stated Robert Archer, President and CEO. HIGHLIGHTS (Second Quarter 2014 compared to Second Quarter 2013):
-- Throughput totalled 80,964 tonnes, a quarterly record and 20% increase;
-- Commercial production commenced at San Ignacio in June and processing at Guanajuato included 12,880 tonnes of ore from the new satellite mine;
-- Metal production of 718,794 silver equivalent ounces ("Ag eq oz") increased 6% and included 87,705 Ag eq oz from San Ignacio;
-- Cash cost per silver payable ounce decreased 18% to US $14.85;
-- All-in sustaining cost and All-in cost per silver payable ounce decreased 24% and 27%, to US $24.73 and US $25.12, respectively;
-- Revenues increased 30% to $14.5 million, despite significantly lower metal prices;
***charlie1840088 • 1 hour 34 minutes ago
Why mine silver when the price is manipulated so low ? If I were minding the store I'd produce just enough to pay the bills & be prepared to kickBut when the price returns to its normal ratio to gold.
Nuh-uh, SVM is the "top dog," bub!
48th out of 52 gold and silver ore stocks on the 1-year list with a -30.04% _return!_
46th worst YTD at -16.59%, while a whole ONE-FOURTH of the stocks are up 50% plus!!!
#48 for the 3-months with another negative number, -6.37%.
And, as low as SVM already was toward its yearly low, Still managing to come in with a -9.05% drop for the 1-month period, 43rd of the 52 stocks, during which time HALF of the stocks had Positive performance!
Dude, if your, uhm, "beautiful wife" has even 1% of the fugliness qualities which SVM does, she has gotta be one hideous looking female!!!!!