15 is not unreasonable if they shape up, pay down debt and iron or stabilizes. I'll hold that long, we'll see 15 again, migth be a year but I think by less than that.
not with an enviro-nut in office, they are anti-human, anti-heavy industry anti-development and anti-mining and anti-coal but with a more pragmatic person in office....there will be a lot of work to do requiring steel to repair this country.
this is the second stock I've been pummeled in due in part or in total to Canadian government obstructionism or tax BS. Never again will I invest in Canada.
governments are famous for overestimating their jurisdictions as they tend to be filled with greedy megalomaniacs believing themselves to be omnipotent. I just had a run in with a South African bureaucrat who thought I needed to show him a South African license for something I was doing in the Virgin Islands...hahah I laughed in his face and all he could do was roll his eyes.
he sounds like he acknowledges the influence china and Euro junk is having on markets and this sector..this is a good long term hold here. pays divvy and decent covered call writing...no where to go but up long term.
sooner or later the shorts run out of ammo and start trading with only themselves smart shorts buy from newbie shorts, then they all reload before any news comes out to avoid risk and the price rises...happens everytime but it's hard to predict when they exhaust themselves, but it's a good time to buy calls when they do. What's amazing is how low they've managed to knock it down each time.
depends, if there is only one bidder then you might be right, but as soon as there are two bidders....price goes up.
Someone smart, who buys low and sells high, unlike prior management (and me)...buying mine assets are no different than buying stocks. If you are a big miner and managed your capital responsibly during this downturn and looking to guarantee the health of your company for the next 25 years, then you are shopping for assets like BL to try and get a bargain.
no way...short interest will be 50% watch.
last time SLW was this low it was 2009-2010 and silver price was trading between 16-20 roughly.....now we have more shares issued and tax issue plus more exposure to gold so this is less of a pure silver play with silver barely holding onto 15 so the present price is not surprising I guess when looked at in a historical context, in fact, I wouldn't be surprised if it went down a buck more. Yikes.
LOL Kodak failed to innovate in an ever more digital marketplace...AA is no Kodak, as aluminum and aluminum fabrication techniques are progressively replacing steel in many applications. AA is on the leading edge of this. Poor comparison.