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Silver Standard Resources Inc. Message Board

socrateszbig 7 posts  |  Last Activity: Feb 7, 2015 4:47 AM Member since: Jan 31, 2013
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  • socrateszbig socrateszbig Feb 7, 2015 4:47 AM Flag

    Current value? none.If you want to gamble on this one wait untill 1 cent a share. Potential long term value is not relevant,in the long futur we're all dead.The shares didn't move with the recent surge of gold while most miners went up,this is a pump and dump ,after the huge surge of 2 days ago ready to plunge to new lows ,I 'll buy speculative at 1 cent or so,but maybe by then it wil be obvious that there will never in our lifetime be a mine build and no takeover , so this has no value exept for the guys who run this scam for endlessly diluting shareholder value.Next drop to under 30 cents before another possible dead cat bounce could occur.

  • Reply to

    PZG

    by nexteh Dec 19, 2014 1:19 PM
    socrateszbig socrateszbig Dec 26, 2014 2:48 PM Flag

    The take-over by CDE will eventually PZG shares to become CDE shares at about 0.2,so if CDE does well PZG will follow and there is the sleeper property as a bonus,so why selling PZG now?
    There could be a bounce in gold early next year as it did today and Pzg could rise to 1.50 or higher before the next correction ,nothing is shure but selling with a loss on this CDE bid is a lousy idea.

  • socrateszbig socrateszbig Dec 26, 2014 2:35 PM Flag

    Harry Dent claims gold to go down on deflationary reasons I say that gold is kept artificially down with paper manipulation tricks,I hope this can be stopped but is still going on after 3 years and will continue untill the manipulators change direction.

  • socrateszbig socrateszbig Dec 25, 2014 9:55 AM Flag

    Unless you're in your ninetees,I guess it will

  • Reply to

    SpinCo selling for ZERO

    by lexmart002 Dec 19, 2014 1:21 PM
    socrateszbig socrateszbig Dec 25, 2014 6:33 AM Flag

    CDE at $6.50 -$7.00 even higher is possible in a few months , this long term dissaster investment company is ready for a bounce because management is doing some good things to reverse direction,if silver doesn't collapse in the near futur,probably early PZG investors could take back their invested money trough this bargain joke deal before hell breaks lose when the general fiat bubble explodes in late summer 2015,after then CDE could plunge to $1/share and finally time to step in for a 10- or even 20 bagger bounce.

  • socrateszbig socrateszbig Dec 25, 2014 6:12 AM Flag

    Gold is not going to $1500 soon,I dont think it will be in2015,I rather think it goes to $1000 before bouncing to $1150 and then goes lower in 2016 to probably $750,because the manipulators will keep succeding holding gold from outbreaking,the gold futur market is a scam and gold and silver are artificially kept low and will go lower as long the USD keeps rising,once the USD collapses that will be the time to go for gold,unless a black swan event occurs earlier. This doesn't mean that gold/silver company shares will keep falling,if the cost of mining falls back a lot with reduced oil prices a probability,we could see a decoupling from the bullion price. More than 10 years ago most miners were profitable at less than $500/ounce gold now most make losses at $1200,I think management of many of these companies is very poor and many overbought in acquisitions when gold was rising;I think this is going to change now, they make take -overs at bargain prices as CDE goes for PZG Mexican properties for one tenth of the assumed value of 3 years ago,with gold probably going to $5000 or more in a few years a huge bargain ,but not yet for now to deliver huge profits.
    Demand for gold is apparently not ruling the gold price ,but rather manipulation does for now untill it stops and that is not yet to happen I guess.

  • Reply to

    PZG

    by nexteh Dec 19, 2014 1:19 PM
    socrateszbig socrateszbig Dec 25, 2014 5:38 AM Flag

    If you bought a few years ago ,I guess you're quiet under water now,with the take -over by CDE I think its worth to wait a while untill at least you can take back your invested money. CDE is an horrible longterm investment dissaster but now could break out if at least silver doesn't collapse again , I think it will but first we could see a nice bounce, I think gold and silver will correct further later next year togheter with a massive general market crash in august/ september. If things evolve the way I assume ,wait to sell untill next summer,if the shares are not higher by then get rid of them and any other shares because probably the thin air fiat induced bubble is going to explode and could bring down the markets at least 50% and even the dirt cheap gold silver stocks will go half once more. There will be fluctuations and if PZG shares go much lower the next few weeks, buy more to avarage down your share price.

SSRI
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