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PAA- Pan American Silver

2K views 3 replies 3 participants last post by  PMREdmonton 
#1 ·
Appears cheap. Higher than normal volume. Why so beaten down?
 
#2 ·
All the miners are - especially silver and gold mines.

Some believe it is due to market manipulation. Perhaps it is due to belief PM prices are unsustainable. Maybe it is due to cost of extraction increasing.

Regardless it has been an issue for the entire sector.

The silver story still has legs IMO because it is in short supply and consumed in tons of industrial processes.
 
#3 ·
All the miners are - especially silver and gold mines.

Some believe it is due to market manipulation. Perhaps it is due to belief PM prices are unsustainable. Maybe it is due to cost of extraction increasing.

Regardless it has been an issue for the entire sector.



The silver story still has legs IMO because it is in short supply and consumed in tons of industrial processes.

pmr
silver supplies are not short.
china has reduced their imports this year substantially.
world and specially US reserves are high.
now if ur talking paper silver manipulation then......... i agree.
as for PAA , no manipulation, i call it first quarter index rebalancing, but i could.... be wrong.
it is trading at a 3 year low.
some news awhile ago affected the stock.
nevertheless a great company.
cheers
 
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