Revett Minerals Inc RVM

Revett Way Underperforming Sector

[gcarpen]

Since this most recent advancement in silver price began Revett is grossly underperforming the sector. Silver was right around $28 on August 17th, and is now just over $32 (up 14%). Revett closed at $3.05 on the 17th, and is now at $3.14 (up 3%).

 

If you look at other smaller silver producers, they are grossly OUTperforming Silver (Aurcana is up 30% from their low point this month), while Revett is UNDERperforming Silver. This has been happening going back to this spring.

 

This stock is simply becoming depressing, all the pieces are there but they just aren't following through at all. It's been almost a year since the Rock Creek decision and still no new EIS submitted. Volume is beyond anemnic, it's basically non-existent. Something very drastic needs to happen and very soon.

[Flopticalcube]

Revett has a big copper exposure. Copper goes with the world economy. I agree its undervalued but its not a pure silver play.

[tast22]

Reett is a primary silver play ie most of its wealth is derived from silver. Silver has been vey depressed relative to gold and has a lot to make up. Momentum is in silver's favour, although gold mines have an advantage  at the moment, as the gap closes silver miners will benefit large. Revett is still suffering from Rock Creekitis. Troy is a valuable producer but suffers from "the

[Flopticalcube]

As of last qoarter, it was a 50/50 split in revenue between Ag/Cu with copper being slightly more profitable.

[tast22]

Is it gross or net that counts? Anyway it doesn't really matter. It is a combo mine so maybe copper sp is keeping it from moving forward. Obviously a siver/gold mix would be better and less dependent on China's economy.   But it is what it is and both silver and copper have a great deal more potential to move up on a percentage basis than gold, but economies must