TSXV:SLX.P - Post by User
Comment by
gildageon Nov 29, 2010 10:57am
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Post# 17770257
RE: RE: Reminds me very much of 2005...
RE: RE: Reminds me very much of 2005...YourNadir;
I've been in silver since 2001 when silver was $4.50. I've watched silver investment interest ramp up from
.00 to over 50,000,000 ounces per year - probably closer to 100,000,000 ounces now, and this is still the SMALLEST market in the world with the biggest SHORT position, and the biggest supply deficit, and SILVER is still undervalued wrt GOLD by a factor of 4.
Silver even NOW, is the BEST investment you will ever see in your lifetime. When this thing is finished, SILVER will trade for hundreds of dollars per ounce and these shares (anything with the word silver in it's name) will trade at silly ratios of hundreds of times earnings - REAL earnings!
Money Flow into silver is like putting Niagra Falls through a fire-hose.
This is not the time to worry about a 5% dilution in share value...just prior to a 1000% price increase.
Silvermex has the worlds cheapest silver, in a relatively safe country, in a long-term bull market, at the most undervalued junior silver valuations of all of historical time...and U people here worry about a 5% dilution!
This is like picking money up off the street!
lotus petals,
gildage