Revett Minerals Inc RVM

RE: Latest Q2 earnings not reflected anywhere ?

[mouserman]

No usually they are up to date at TD, however most of these analysts like to use trailing earnings, ( as if silver was still at 19$)
And in fact many have their off the cuff predictions for 2011 silver price , some say 22$ some 19$ and declining , and then ( even tho they are out to lunch  forecasts) they use these numbers to give earnings guidance.
That is why idiots at  " the street  issued a sell. They are looking backwards and not ahead.
Again today the market did not agree with  my numbers and thinking, and RVM down  .15 and USA up a few ticks.
Those are not fantasy numbers i made up, they are real numbers from the financials, and the 43-101 resource reports.
Appears like the company is in dire need of some promotion. They are a successful profitable miner, sitting on two huge resources, one of them in production.
Selling off after announcing record blowout earnings just doesnt make sense in any kind of rational market.
I could see if silver  metal price was falling off the face of the earth , but it hung in tuff right around 40$ today, not at all bad news for any miners in that arena.
Bought more today, long RVM.