TSXV:SLX.P - Post by User
Post by
farshooteron Apr 03, 2011 11:41am
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Post# 18378832
April 2011 Morgan Report
April 2011 Morgan ReportThe Morgan Report April issue is out. And ...
. . . SLX is still a buy.
David Morgan's silver asset allocation is divided into three sections: Top-tier companies (e.g., Silver Wheaton is one of the four companies listed in this section), Mid-tier companies (e.g., Fortuna is one of the six companies listed in this section), and Speculation (e.g., Silvermex is one of the five companies listed on this section).
All in all, from the hundreds of silver (and other) miners listed on the major exchanges, Morgan has his sights on 16 companies, SLX being one of them. He also has a "watch list" on some he is tracking, but they are not part of his asset allocation.
Moreover, according to Morgan, if Silvermex's management continues on its present course Silvermex will be moving from the Speculation section to the Mid-tier section.