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SPDR Dow Jones International RelEst ETF Message Board

turd.trader 1 post  |  Last Activity: Jan 5, 2015 11:33 PM Member since: Sep 27, 2006
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  • Reply to

    Convinced

    by pcbutler Jan 5, 2015 2:22 PM
    turd.trader turd.trader Jan 5, 2015 11:33 PM Flag

    IMO, the Zinc is worth more then the Silver because 2 or 3 world wide huge Zinc mines are shutting down due to no more Zinc available in pit in 2016 and the world has a shortage of Zinc whereas Zinc itself is used everywhere. Research mining magazine and the wall street journal for zinc shortage facts.

    I watch zinc everyday and it seems like its fundamentally basing for a break out higher. Don't misunderstand me, silver is like 75 times cheaper then gold right now and silver is money. Silver is probably the most undervalued currency on planet earth today. if I had 22 million, I'd try and take SVBL from the current management, I'll bet with the 9 million they paid for the mine back in 2001 and the costs associated with the factual exploration of its minerals, its intrinsic value is greater then what its trading at today.

    IMO you got your shares for Graham and Dodd 30% discount to intrinsic value price, now be right, sit tight and hold for big profits. Get a hobby, don't sell or worry about SVBL. Good luck and welcome to SVBL holding hell. My 2015 resolution is not to watch the stock chart performance-- Good Luck with that...

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