NYSEAM:SVLC - Post by User
Comment by
ch08532on Mar 25, 2015 12:33pm
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Post# 23559686
RE:RE:RE:RE:Q4 Day!
RE:RE:RE:RE:Q4 Day!Based on charts from beginning of the PM bull run in 2011 to now...if you were unfortunate to have bought at their high
First Majestic - $25 to $7.50 (-70%)
Endevour Silver - $12.75 to $2.75 (-78%)
Pan American Silver - $45 to $12 (-73%)
SilverCorp Metals - $15.30 - $1.60 (-89%)
Great Panther - 4.39 - .77 (-82%)
Tahoe Resources - $29.78 - $15.69 (-47%)
Fortuna 6.86 - 5.14 (-25%)
SVL - $2.99 - $1.47 (-51%)
....SVL held up better than the big boys. Sure there are some (Fortuna for example) which have performed better. Bottom line is this market still sucks..plain and simple. If you believe PM's will move up then your best bet is to buy the more depressed miners. They will pop first to the upside..SVL will be move in relation to the big boys but at a slower pace.