if no one wants them then you can eat it. for medicine:)
maybe not all of it though cough cough.
you will get blue balls.
you might like it.
Edmund (Eddie) Reilly, 47, a trader at Midtown’s Vertical Group, jumped in front of an LIRR train at 6 a.m. near the Syosset train station.
did someone push him?
bankster suicides as you have guessed it another one has been OFFED shall we say.
might be old news but more reports.
some studies have found it hard to believe that someone would shoot themselves so many times with a nail gun before dying.
ahem shall we say murder?
careful guys if you work in the bankster industry and especially if you know too much you could be next.
our bashers should be extra careful they don't get put to the test.
someone in the government may be trying to cover these murders up for our perpetrators.
seems exk got up
because all the shorts knew that exk was bad.
longs kinda wiped the shorts out here for today.
the bad earnings was expected after all.
but it seems they were far too weak here.
as expected exk earnings are pretty bad
maybe now shorts in svm would realize that svm did the right thing and even now they are making money while 99% of all miners are actually losing money.
it is stupid to ramp up production in the face of low silver prices as you can see now.
ramping up production caused all other miners to lose major amounts of cash.
maybe if shorts had some business sense they can understand what is going on.
but they are gamblers not producers.
GOOD LUCK guys.
Now the major silver miners earnings reports mostly end.
IMO svm should have reported nearly last and surprised everyone as analysts estimate every low then, but oh well shakeshead.
if shorts still want to play their games it will only cause a major silver shortage throughout the world.
and are they going to give me the 15 dollar silver they promised me or not?
Highlights of Fourth Quarter 2013 (Compared to Fourth Quarter 2012)
Net loss of $115.8 million ($1.16 per share) compared to net earnings of $14.8 million ($0.15 per share)
Adjusted loss of $12.1 million ($0.12 per share) compared to adjusted earnings of $12.9 million ($0.13 per share)
EBITDA(1) fell 18% to $23.0 million
Cash flow from operations before working capital changes decreased 12% to $18.0 million
Revenue increased 2% to $67.9 million on 2,155,326 silver oz sold and 18,960 gold oz sold
Realized silver price fell 38% to $20.52 per oz sold
Realized gold price fell 28% to $1,246 per oz sold
Cash costs(1) fell 39% to $7.46 per oz silver payable (net of gold credits)
El Cubo cash costs(1) fell 83% to $6.65 per oz silver payable (net of gold credits)
All-in sustaining costs fell 49% to $14.24 per oz silver payable (net of gold credits)
Silver production up 56% to 1,931,717 oz
Gold production up 37% to 17,686 oz
Silver equivalent production up 49% to 3.0 million oz (at a 60:1 silver:gold ratio)
Plant throughputs, ore grades and metal recoveries were higher at all three mines
as expected right?
99% of all miners did badly,
there should have been no expectation of exk doing well.
but who knows now that the earnings for the miners are basically over we can move on.
it was STUPID of the miners to increase production in the face of lower prices imo.
but to each their own.
they could have surprised us by ramping production up suddenly and unexpectedly.
they fell for the wall street trap of making producers produce at a loss.
he will never cover because he has no shorts he is bashing because he was hired by his boss because his boss has the shorts
not likely nothing in this market is free from naked shorts we all know the sec is a joke and the regulations and reporting systems are fake.
therefore we can only make an educated guess you just need to follow the money.
reading their psychology is necessary in poker after all.
they have infinite money dont forget so got to be careful
so anyway here are the next few q estimates
when they estimate the q like HL 0.00 then you have a high chance of beating/meeting it like HL
Current Estimate 0.01 0.02 0.03 0.16
7 Days Ago 0.01 0.02 0.03 0.16
30 Days Ago 0.02 0.04 0.08 0.22
60 Days Ago 0.02 0.05 0.09 0.22
90 Days Ago 0.02 0.05 0.09 0.2
lets watch EXK earnings now
was waiting for one.
now lets see how much the industry will lower expectations maybe to HL level.
if they do that then people can consider buying before then there will be manipulation good luck
remember this is poker.
intentionally increasing estimates and lowering other firms estimates so that can hit them or miss them = manipulation.
but we all know that.
now that they put out a hit piece we can maybe expect lower expectations first then you know
well the volume is pretty amazing off the charts actually compared to real volume.
that typically occurs.
I want to wait and see what EXK does first and GPL and then I can officially say all the miners stunk this quarter as expected.
worst ones were PAAS -900% and SSRI -425%
missoutagain you do realize most other miners are junkier than svm if you go by earnings right?
look beyond the wall street junkies and you can see it.
they lost money even though they expanded production which is STUPID.
actually I was still in college then I am not as old as you whom are leeching off us young ins
trying to steal our future for yourselves
please hurry up and die you old fart
um that was in 2000s when I was still entering the work force you dufus. I had no money then
maybe if I grew up with a silver sppon maybe I had to wait for the 2008-2009 crash before I got started dumb buffoon
rudy what do you think of silver bullion as dividend?
shipping costs are actually NEGLIGIBLE.
right now silver bullion premiums are insanely high if silver miners make the bullion themselves and gives it to investors what would you make of it?
can miners actually start implementing this?
why and why not?
I am surprised why no miner wants to do this...
well at least people realize that svm is actually a legit company then.
but yes. I agree they should start automation instead of just relying on hard labor.
basically that means using silver to produce silver.
capital goods to mine then would be more ideal.
finally we get a good debate going rudy good for you
bad for oospie whom keeps ignoring real points.
but besides svm at least made 1 penny last quarter where other miners lost much more.
i dont know why people expected so much from svm from the start if svm was to make 4 pennies this quarter they would be as profitable and good as AG so is svm going to suddenly get AG stock price? that would be 3x this price now?
what the heck were people smoking I dont know. But I totally expected this outcome from the start. but the amount of bashing afterwards was insane by these idiotic shorts.