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Bullboard - Stock Discussion Forum 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... see more

TSX:PAAS - Post Discussion

Pan American Silver Corp > Deal is great for PAAS long term prospects
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Post by EstevanOutsider on Nov 05, 2022 3:30pm

Deal is great for PAAS long term prospects

I feel like I committed robbery yesterday on the idiots who sold at -10%. Thru 20% of portfolio into it. Lessen Latin America risk while increasing scale and gold exposure. No new debt. Potential to restart Escobal in 2023 which likely worth 50% or more to the current stock price. Silver near cyclical lows. This cycle could be pretty epic.
Comment by Odinson on Nov 07, 2022 5:40am
Escobal WON'T restart for several years! They are waiting for the contingency to expire!!!