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Pan American Silver Corp T.PAAS

Alternate Symbol(s):  PAAS

Pan American Silver Corp. is a Canada-based producer of silver and gold in the Americas, operating mines in Canada, Mexico, Peru, Brazil, Bolivia, Chile and Argentina. The Company is engaged in silver and gold mining and related activities, including exploration, mine development, extraction, processing, refining and reclamation. The Company also owns the Escobal mine in Guatemala that is currently not operating. In addition, the Company is exploring new silver and gold deposits and opportunities throughout the Americas. Its segments include Silver, Gold and Other. Its Silver Segment includes La Colorada, Cerro Moro, Escobal, Huaron and San Vicente. Its Gold segment includes Dolores, Shahuindo, Timmins, Jacobina, El Penon and Minera Florida. Its Other segment includes Pas Corp, Yamana Corp and other.


TSX:PAAS - Post by User

Post by bull_runzon Feb 06, 2024 10:48am
103 Views
Post# 35865226

Ceo,ca Post

Ceo,ca Post
@easymillion Pan American Silver PAAS is the #1 holding of GDXJ at 7.24%. So why would it go down on a relatively OK Jan 17 announcement? Pan American Silver’s Preliminary 2023 Production Results and Guidance for 2024 is not much of a miss and guidance OK. Short interest here in Canada is shown as 2.85M, in US however, current short is 14.19M! How is this possible? 60.26% of Float Held by Institutions and Mutual Funds. Some mutual funds are allowed to utilize derivatives contracts like options and futures to enhance returns or generate income. Check unusual put volumes that really move the markets in ETFs. When silver reverses this will return to former highs of Aug. Will a short squeeze eventually be seen? - 2020 C$50.28, USD$37.46 Buy - Long $PAAS, PAAS.US
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