Post by
MarkAble on Jan 31, 2021 12:27pm
Silver Corp
Recoup your losses on this ongoing disappointment by scooping up some Silver Corp SVM. If the silver short squeeze happens in the next couple of weeks this will be a very nice equity to be holding. If the short squeeze doesn't happen then the fundamentals for silver should still deliver a nice return.
Comment by
BobbIeheadbob on Jan 31, 2021 12:37pm
Short squeeze on physical silver coming soon. Buy and hold as much as you can afford...
Comment by
MarkAble on Jan 31, 2021 8:00pm
Yes a miner in China that just landed another big contract there.
Comment by
MarkAble on Feb 01, 2021 9:06am
Well it appears that SilverCorp is going to open at 20% above Friday's close. If this silver squeeze goes the way of Gamestop SilverCorp SVM could soon be a hundred dollar stock, China or not.
Comment by
MarkAble on Feb 01, 2021 10:48am
Well I know you are a big fan of MAG Bog. But so far today MAG is up 9% and my China miner SilverCorp SVM is up 18%.
Comment by
MarkAble on Feb 01, 2021 3:39pm
Ouch that must hurt selling MAG on Friday just before today's gain. Now you have some cash in hand consider buying some SilverCorp. It's up 24% now on the day. Glad I bought it on Friday.
Comment by
bogfit on Feb 01, 2021 4:18pm
I will sell positions to reduce risk but hopefully only when another target has been identified. Actually the pain has been lessened since my portfolio gain today 1% greater than MAG, but I also rotated back into one of my fav. silvers at a 3.4% discount, which then made another 5.6% gain. And for all my trouble my porfolio only gained 13.05% today. Darn. b.
Comment by
patchh on Feb 01, 2021 11:40am
go w the TSX.. many juniors... mining is canada in N america.. BNN & Markets.. then U can review w a search.. coverae is good w the video links for end of day.. https://www.bnnbloomberg.ca/markets S of mexico - mining is a tuff buisness usually run by the army.. same w asia