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re: Silver getting cheap again

Posted on 4/3/13 at 12:57 pm to
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 4/3/13 at 12:57 pm to
SLW is hammered at $28 now, its down a ton recently 6% today! Its an awesome play, they basically front silver miners investment money to mine on SLW's dime and then SLW gets a set amount of silver at a fixed price in todays prices for future silver mines! Its huge $11B market Cap with an awesome dividend. Buy it now at $28, it 52 week avg is in the 30s

These silver prices are literally laughable now, the dollar is strengthening bc all other currencies are shite
This post was edited on 4/3/13 at 1:01 pm
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 4/3/13 at 1:04 pm to
SLW also went ex-div on 3/27... Could be some of the decline, no?
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