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Pan American Silver Corp. (PAAS)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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31.36+0.98 (+3.23%)
At close: 4:00PM EDT
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  • j
    jwtechy
    $GPL conversation
    From the perspective of the globalist controlled banks who have done the FEDs bidding in the game of price suppression across all commodities with special interest in silver(God's metal), this is Custer's Last Stand.

    If you watch the silver charts it is obvious that they don't attempt to hide their manipulation and attacks. That's ok, because it's common knowledge today. We also know as we approach the great reset that this must come to an end. JPM will give up its top 6 silver traders, to save itself. The other 4 big banks in the fiasco are trying to cover those shorts built up over decades. JPM is giving out its recent silver horde to help his fellow banks. Unfortunately, and to our benefit, they have miscalculated just how herculean a task it would be to close out those positions ahead of the great gold and silver run to the new financial system. So to my friends in $GPL, $EXK, $SVM, $PAAS, and $ASM, all this, is a "short" window of opportunity to accumulate on the cheap, at their expense. Their insider edge is offset by our ability to openly communicate in this increasingly connected world of social media.

    The fellas would like to take down the broader markets, put us back into lockdown, clean out all non-green businesses, ahead of the elections as a preface to the push into the new world landscape. The only constant in my view in this whole ordeal is hold all things real, eliminate debt, and secure your baseline in physical metals, silver being the most undervalued.

    Buy and HOLD, and realize that to trade in and out of fiat, is like knowing you are in the matrix, and choosing to stay. I continue to swap all those newly accumulated dollars for: as they said in that star wars movie; "SOMETHING MORE REAL"..
    :-)
    glta, jw
  • J
    Jazenevd
    Conference call on Monday failed to deliver optimism regarding Escobal re-opening and, accordingly, stock underperformed peers this week. Hope, going forward company will learn to bring escobal issue on, only if good news available.
  • c
    charles
    $EGO conversation
    You will get tired of seeing EGO rise over months and on, gold price + Skouries permits will force market to re-rate EGO drastically higher. How does $30 sound? It will be like $PAAS after purchase of $TAHO from $10s to $30s.
    Bullish
  • S
    Sentinel Prime
    $AG conversation
    JPMorgan To Pay Record $1 Billion Settlement Over Precious Metals, Treasury Manipulation... #EGO #CDE #SBSW #JNUG #PAAS #GOLD #AG ... what about this week???
  • J
    Jazenevd
    It would be great for PAAS investment to see silver price continuing strong rise to the moon or higher. However, one may also note that in case price just stays as it is now, then stock would be due to substantial rise anyway. Past quarter (q2) results were quite profitable while production output was less than half of normal, because of covid impact. Also, average selling metal price is about 60% higher now than it was in q2.
    One may safely assume that q3 production will be higher than in q2, and pretty good chance exists that q4 production will be restored completely to normal levels. If metal pricing holds stable on present level then company has a chance to report up to $1/share in q4. Analyst estimates are substantially lower, they would have to upgrade en masse.
  • J
    Jazenevd
    Today’s recovery was very slow, but ... it is still recovery, that is, improvement. In addition, stock moved better than peers.
  • J
    Jazenevd
    Market liked gold miners more than silver ones over last few days. It may reverse soon enough. PAAS got to deliver good news in near-term, regarding production recovery and expansions.
  • r
    robert
    I have come to the conclusion that pm miners are trading vehicles only. they are not investable due to constant price manipulation. all the pm bugs always talk about how great prices will be. as long as the bis and world central banks are still in control. there is no way that pm will go up much. miner investors are traders only.
  • J
    Jazenevd
    Finally, Guatemalan press broke silence on mining issues. According to statement made this week by government, the Ministry of Energy and Mines with the support of the International Labor Organization organized a training session for officials in regards to upcoming ILO 169 consultation process. This process was/is the main hurdle keeping Escobal mine from re-opening for many years.
    The minister, Alberto Pimentel indicated that this year he is scheduled to start the consultations ordered by the Constitutional Court and it would start in the community linked to Minera San Rafael, aka Escobal.
    Better late than never.
  • M
    Mark
    $GLD conversation
    This mainstream article is not on any Gold Site but on the Yahoo main page
    It is calling for a LOWER dollar and higher stocks That can maintain pricing power and HIGHER GOLD and HIGHER COMMODITIES..
    Gold and Silver miners who also mine copper, zinc lead etc certainly fit this bill and mainstream investors have not even started to invest in Gold and Silver miners but as they do...BOOM ! Read the article..

    “The Fed’s Inflation Experiment“

    GLTA

    $GDX $Hl $CDE $NEM $SLV $SIL $GOLD $GDX $GDXJ $WPM $PAAS
  • J
    Jazenevd
    Navidad project is getting hotter, maybe. Chubut's governor is supposed to announce next week new plan for province industrial development with new mining output at the forefront. The governor is under substantial pressure from Federal government to open province for mining development.
  • P
    P K
    Strange how blabby pigeons will ride these sorts of secular bear hi-spec fantasy plays down 25% again (AGAIN) whilst Our BAse is shorting The Channel. Will it take a 5O% give-back to smarten up and see what Pigeon MAsters will not tell you? Oh by the bye, NAzzie noodled GREEN yesterday after its one-day flash crash!!! (pssst, this is how sector crashes look // lull you into hopey stages with little pops then repeated smashes. Pips, pls git wid it huh. STOP the greedy act. USA stocks will set you free'))
  • J
    Jazenevd
    Navidad project gets daily support in Chubut local press. Locals living in project area, including native communities, stage demonstrations demanding project activation. It is too early to say whether and when political establishment really gives green light to the project. However, one may expect that process of giving the light, they call it "mining debate", will start soon.
  • r
    robert
    prob silver spot price will bottom in october. when the specs sell, they pile in due to too much paper contracts. just be patient and buy back in like WDC and expe. Fertilizers look better.
  • M
    Mark
    $HL conversation
    Gold silver were knocked back by the probably fake stronger than expected ISM report which I knew was coming as every report that is made these days is stronger than expected to prop markets and help slow the inevitable dollar decline. (Plus isn't that great news for SILVER DEMAND lol ?)
    All pullbacks should be bought for miners imo as their profits are going to be very good going forward.
    And Zoom raised guidance huge implying that the stay at home worker is here to stay is is devastating for All large cities and especially COMMERCIAL REAL ESTATE and BANKS who have trillions in mortgages on these buildings.. The Banks are NEVER allowed to Fail Hence the fed and treasury will be printing money forever ensuring a falling dollar and rising gold and silver prices..
    Buy with confidence....
    You will see I know what I'm talking about NYC is a great window into the future !
    $CDE $SIL $GLD $SLV $PAAS $PHYS $PSLV $CEF $GOLD $NEM
  • J
    Jazenevd
    Recent silver run was naturally amplified by financial mechanisms, e.g. some derivatives got unlocked, short positions closed, etc.; it caused silver price to jump too much too fast, while silver equity prices lagged just because market expects silver price to subside a bit, even if it would be a temporary consolidation only.
    However, it is unlikely that silver will subside back to pre-run levels. Financial system has been disbalanced completely; money creation goes on in tempo never seen before. Market-related assets are due for big price increases. Stock market works like a huge vacuum cleaner pumping inflation out of outside world. Money printing does create inflation; however, it is a modern form of it: galloping asset prices, esp. stock market prices. Silver/gold equities are positioned the best to participate in this ride.
    In practical terms, I decided to increase my position in PAAS in low 30s, i.e. once share price dips below 35. It may happen today. This company business is profitable when silver price in high teens. It becomes very profitable when silver is in mid 20s. It is just impossible for this stock not to go higher in this enviroment once short-term fluctuations subside.
  • J
    Joe
    First Majestic Silver Corp.
    that piece on #seeking#alpha was weak....the writer was way too generous. He used adusted earnings to state they had a positive year, when real GAAP earnings have shown they're on 9 years of losses. Someone here was touting 1 insider buy and I pointed out it was minor and there was much much insider selling, much as writer pointed out in article. Writer completely misses tax arrears of $209 million, declining reserves and humungous Royalties to #WPM & #SAND. He then pumps #PAAS, which is an OK stock, but even that doesn't hold candle to Wheaton or #RGLD......two much much much better wealth generators!! Get serious here folks....this CEO is company stock promoter....plain and simple. gl....trade it, don't own it overnight.
  • r
    rich
    Hecla mining got a great report today I suspect they will bring a lot of mine cos along with them tomorrow good luck everyone
  • J
    Jazenevd
    Numbers are in. Beat on both earnings and revenue, calculated on GAAP basis. However, earnings include big investment income $48M and big covid-relared expense $46M. These big numbers create room for interpretations.
    However, huge difference between Q2 selling prices for gold and silver, $1708 and $16.58, and present prices make situation more certain: PAAS will demonstrate very strong profits going forward, it means strong forward guidance, the best thing on market.
  • J
    Jazenevd
    Market does not acknowledge yet that strong silver/gold price will stay around for long enough time, longer than few months.