Revett Minerals Inc RVM

RE: RE: RE: RE: Loading the boats

[U3082014]

I wish I would have delayed my purchase by 1 day...LOL!

Who knew they would miss on the 1st quarter....I rushed in the day before the results because I thought they would have done better.

In hindsight, if Q1 was better this stock would likely be in the $5.50 to $6 range...oh well.....I will probably average down over the next 2 months.


I am still bullish but going to have to wait until Q3,Q4.

Some + NR on Rock Creek and higher silver price by year end should give us a nice pop.


I hope Silver spikes to about $140 in next 2-3 years and holds around the $75-$90  mark for about 5 years....


Gold at $2000/ounce should give us $100 silver....it used to trade at 16: 1 ratio.....and many silver/gold bugs think it is going back to those levels.

I am pretty bullish on precious metals in general as it is going to take a decade before all these countries like the USA solve their debt problems.....