bought some today at .745I realize I am getting a little crazy with these metals and miners but I feel like it is time. Long: NEM, SSRI and Scorpio from way back. Will consider CEF next but think the good miners are a better value at the moment. GPL is definitely risky here.
I'm All In.
I am probably making this pick too early but I really don't care. The discount given on their future silver production is too great for me to continue to ignore this stock. I have successfully bought and sold this in real life several times and am planning to reenter once the chart starts to show a little stability. Buy at your own risk, but it's my belief that this is one of the best silver plays in the market. Best of luck.
Silver miners coming back and gpl has thevgoods
Just a gamble. The CEO here is an opportunist that will pump the stock and then sell it. And it's in Mehico.
Silver is the next doubler
Rebound from current price, SILVER to resume uptrend.
I think precious metals will be the only safe haven as economies continue to struggle. It currently seems that the demand for silver will only go up from here. There will be some ups and downs but the overall picture seems to point to higher and higher prices over the next decade. Up until now GPL has been a well run company with little debt and good cash on hand. If they continue this trend, I think they can profit handsomely from the rise in the silver market and so will investors.
Should be a good growth pick. Should probably wait for it to go under $2.50, but I have my target set for $5 in the next year or so. Numbers look to good to keep this one down.
Cheap with great growth potential and very little debt.
Diminishing silver in face of industrial need & frivolous political monetary policy= rising prices
Silver just can't hold its top end which I believe we have seen for this cycle.
Fading goldmingXpert.It's been a few days since his latest hit piece on the stock and although he is too much of a coward to short it in real life or even red-thumb it in CAPs, I am opening this pick to track the progress of the stock and immortalize his call for all to see. Let's see how this turns out.
GPL is poised to move in a big way.
The notorious stock pumper, Jonathan Lebed, was paid $20,000 to pump this stock.From his website:"My firm Lebed Biz LLC was compensated by a third-party (B&D Capital Partners) $20,000 cash for a one-month GPR investor relations contract which has since expired. We could potentially be compensated more for providing investor relations services regarding GPR in the future, although no agreements have been made at this time."
My thesis is that silver will not remain below $30/oz for long in the coming months, if at all, and that volatility will continue. I would not encourage anyone to invest in silver itself in this environment. However, young primary silver miners are something else completely. As long as the price of silver remains safely above production costs, silver mines have incentive to reopen, and exploration companies are motivated to look for new potential mineable areas.Even if silver does drop under $30 for an extended period of time, the increasing production of many primary silver miners and silver explorers/soon-to-be producers will far outweigh the drop in silver price in terms of earnings. Looking out 12 months and beyond, even in a protracted environment of, say, $20-25 silver, many explorers/young producers will easily mitigate that potential drop in silver price with their growing production, and share prices will follow suit upwards. I'm giving a Fool's thumb up to several silver miners, b/c I believe that silver will trade above $35 later this year, and will rise over time from there. However (full disclosure), I am personally invested only in the following, due in part to their extreme production growth potential (and many of them have quite low production costs, too):Currently Producing:*Silvermex*Alexco*AurcanaNot Yet Producing:*South American Silver*Wildcat Silver*Sabina*Bear CreekAlways do your DD, and don't forget to have fun. Fool on!
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