Gatos Silver Ord Shs GATO

Hey, where did everyone go? We know what happened to PPS.

[bogfit]

The only question for this contrarian swing trader is:  what's going to happen.  It was one of Napoleon’s generals who observed that nothing is as bad or good as it first appears.  I found this to be generally true, and generally true is a really good trading assessment.

Considering the stock’s performance over the last couple years, and the psychological make-up of many GATO shareholders (as i see them), I suspect that much of the selling today was a panic, knee-jerk reaction before any in-depth analysis of the company’s prospects for future earnings.  It sounds to me like the LOM has been compromised, but that has no bearing on cash flow over the next few years, and some of us believe that the next few years are going to see tremendous financial discord with accompanying deterioration of public sentiment.

Silver is special.  When inflation attacks fiat’s worth, silver follows gold.  When business picks up, silver is consumed.   The use of silver in solar and EV will support demand while climate change will decimate supply.

b.

[riverrrow]

The reserves may, that is may, be reduced by a third to one half, but the share price dropped by two thirds.  I'm in.  GLTA.

[touareg]

I often get tempted to buy when i see this kind of event but experience has told me that in a case like this waiting for the dust to settle is the best strategy.. there are many things to take into account here.. one of those things is the reason I (thankfully) sold Gato a few weeks back.. that being that Mexico is no longer a safe jurisdiction for miners.. I sold this and FR and bought Alexco and

[bogfit]

There's the old Wall Street saw about the man who bought late and sold early, but the 60% he caught made him a wealthy man.  I have to take advantage of the greater odds of a gain over any further loss.  Also, if my main contention is correct that the market over-reacted, then the few percent less buying at the bottom should prove inconsequential.   Time will tell for GATO, but