Blackrock Silver Corp V.BRC

VP…..

[Lookingforclues]

Yes you are correct.
I never liked that phrase.....'Dry Powder', BUT it is so appropriate now..

[ValuePro]

Today, we are seeing a broad sell-off in miners, and silver explorers are being hit especially hard.  IMO, this is just part of the turmoil to be expected 'til investors get some sense of direction about which market sectors are headed in which directions.  Inflation news will help (or hurt, depending upon how one is positioned).   

[reddog11]

A year of gains in most my juniors wiped out in seven days. Ouch.

[ValuePro]

Right, and we have blood in the streets again today.  Miners are being crushed beyond reason, especially those focusing on silver. This isn't very pleasant for us silver stock investors, but it can't last.  And as a volatile issue anyway, it can rise as quickly as it falls. This is just a period of adjustment while investors try to understand what's in store for markets in

[reddog11]

its rough. I guess just raising cash?

[ValuePro]

On the other hand, now should be a good time for large companies to begin a feeding frenzy.  Or at least taking down partial interests in promising juniors. 

[reddog11]

One would think so. BRC has a market cap presently of about 100 million C at todays price, for about 200 million oz of silver in the ground. Thats like $.50 / oz? AG alreadyowns many shares, but their SP has been pummeled also. Some M&A in this sector seems likely. RD