Building Silver Resources in Mexico

200 million plus oz of Silver and 1 million plus oz Gold Resource

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Message: Not a chartist....

Not a chartist....

posted on Feb 23, 2010 09:17AM

... but what is going on with the stock sure looks like accumulation. Steady volume, with prices range bound from about $.40 to $.46

I have beeen able to pick up shares at bid about 50% of the time. I really wish I have more cash to sink into this mine. The potential for huge resource and eventually turning out metal makes this stock a great risk/reward play. Yesterday it went up more than 6% when the XAU/HUI were both down.

There is gathering stress in the crimex and LBMA markets. Silver shortages, delayed delivery, inability to supply the demand for silver coins (eagles), it is all looking like silver could explode and this mine could outperform the sector by a wide margin. I'm holding on tomy shares with a death grip!

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