Comment by
Jetboy1 on Sep 07, 2023 1:11pm
I agree it's a great time to load up but I feel we will be down here for awhile yet so no rush, we could see weaker pricing as well in the coming weeks. JB
Comment by
Retiredgeo on Sep 07, 2023 4:14pm
The miners and explorers are suffering everywhere. I'm not sure what is going to break this funk.
Comment by
Jetboy1 on Sep 27, 2023 5:06pm
Retiredgeo As I said in the post before this Post we are going to be down here for awhile Its a great time to load up and we may even see more weakness before this is over.The riggers are in full force. JB
Comment by
argaiv on Sep 27, 2023 5:55pm
I have been looking at PAAS, and now I am watching MAG. I have quite a bit of SILV, but there recent reserve update was a disappointment.
Comment by
Retiredgeo on Sep 28, 2023 7:00am
MAG has enormous Ag potential, enough to support a multi generational mine. I won't say reserves because a lot of it hasn't been drilled out yet. It is currently profiting 100 million CAD/year from Juanicipio. Does the market currently care? - No!
Comment by
Retiredgeo on Sep 28, 2023 5:45am
When a sector goes into a funk it can take a long time for it to come back into favor. I don't know how long the precious metals and miners are going to be out of favor. I don't know how low things are going to go. For the moment my attention has turned to oil stocks. At least oil is going up.
Comment by
Retiredgeo on Nov 01, 2023 6:17am
MAG is following silver and silver went down yesterday. Like all junior mining companies it is suffering in today's environment. I don't know when all of this nonsense will end. In the mean time it is pulling in $100 million CAD/year in profit ($1/share).
Comment by
Retiredgeo on Nov 02, 2023 6:20am
You are not the only fustrated investor out there. The market just doesn't care about the miners at the moment. That said, no one is going to care if they have success or failure on their exploration properties. We will care. I have invested enough in miners that have only gone down. Now I am playing in the oil patch. Those stocks are going up!
Comment by
Jetboy1 on Nov 01, 2023 12:42pm
I agree Mag followers the silver price but there has been many times silver has dropped and Mag has gone up JB