RE: RE: RE: RE: RE: RE: RE: James West PICKS XAG!!CNVCM
This is true.
Let me give the others an example. ECU Silver......well known as a silver stock. (As an aside I do not like ECU Silver, but for wholly other reasons than what we are talking about here).
ECU Silver has a lot of base metals. They have a little more than 30% of their metal value in silver, while XAG has a little less than 30% of their metal value in silver. There is a difference in their % of silver, but not all that big. But no one questions ECU as not being a silver stock. OK? This is fairly routine among silver stocks. Infact, there are damn few pure silver mines anywhere, anywhere. Not many silver stocks have more than 50% of their metal value in silver itself. But stocks like ECU Silver, with significantly lesas than 50% metal value in silver, are not a rarity at all. No one is intended to be deceived by ECU and XAG being called silver stocks. People who invest in mining stocks should, and normally would bebwell aware of this. J West is not attempting to deceive anyone, it's expected that people not only would be aware of how some silver stocks might be marketed, but also that investors should already know all this, as well as be aware of doing theier own due diligence. I mean if one is not even aware of what a company will be mining, is it not time to educate oneself about such things? Rather than after the fact, and rather than simply relying on some writer's say so? Or somebody on BNN? And I'm not knocking them. I'm suggesting individuyal investors should educate themselves in addition to listening, watching and reading others.