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Message: Re: Going Up ????
1
Jun 08, 2010 11:08AM
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Jun 08, 2010 01:13PM
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Jun 08, 2010 01:59PM

Nova Gold and Northern Dynasty both recently got hammered by the shorts, their share prices got taken down from the $9 dollar levels to the $7 dollar range. Both of those companies have spent a fortune drilling to find enough Gold dust to make a mine and Silverado has found four massive Antimony-Gold veins and Gold core samples up to 5.75 oz/ton. Those other two companies will have to spend another fourtune on infrastructure and they need to build a giant plant to crunch thousands of tons/day to make the operation profitable while Silverado can use a simple operation, for now, to mine approx. 200 tons/day and make money once they land financing to start mining.

IT IS A NO BRANIER ! I've place my money on Silverado, right now patient is the name of the game, with Gold prices hitting all time highs, it's a matter of time before Gold mining stocks sky rocket, companies producing Gold are making all time profits and according to Jim Sinclair the hedge funds have been shorting these stocks making their prices very attractive to buyers and I believe Silverado may join the ranks of a Jr. producer once they land financing and catch the Golden Tidal Wave that is building.

$$ Ka-Ching Ka-Ching $$


Sitting around all day watching the share price move on the chart will only disappoint you while waiting for compny financing news, get out and enjoy life and check once a day to see if their is news.

5
Jun 10, 2010 03:18AM
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Jun 10, 2010 05:23PM
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