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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

Bullboard Posts
Comment by Umpatanon Nov 07, 2012 7:53am
121 Views
Post# 20570919

RE: RE: RE: RE: RE: Time to sell short Pan America

RE: RE: RE: RE: RE: Time to sell short Pan America

Yes I am.  Even when the silver price went down to 20.73 where I could have made 0.34 per share, I chose to hold on for a lower low since despite the sharp short covering rally in silver, Pan American Silver still underperformed and has a bearish sentiment.  Also, after November 7, 2012 when the reports come out after close, I expect Pan American Silver to fall miserably.  I am hoping to hold this short and ride the temporary bumps on the short side.

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