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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 > For whatever reasons
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Post by ecolo101 on Mar 21, 2024 11:35am

For whatever reasons

Mining industry has an ´´ approaching zero''  appealing at the moment and since the last three years.
why is that ? High interest rate forcing them to pay higher for any projects ? 

now that the Fed announces three potential interest rate cuts, when will we see a turn around situation and investor coming back at ridiculously low and undervalued of these companies? 

It does not make sense to me. Silver above $25 and Paas under $us15 

it is what it is, people prefer crypto and other stuff. 

can we see a rotation from institutional slowly increasing their interest to the sector and taking slowly incremental positions?
time will tell 
glta

Comment by liljohnnyjoke on Mar 21, 2024 11:48am
all investment is totally focused on Mag7, bitcoin right now Dow.S&P,Naz all making new highs everyday only because of Mag7 which accounts for 25% of market, everything else with occasional exceptions is flat to down hedge funds only interested in manipulating commodity prices and making money up/down in paper trades, never owning anything anyone interested in commodities buys the etf's ...more