FCharlie Posted November 12, 2012 Share Posted November 12, 2012 Anyone ever study Pan American Silver? A Canadian silver mining company with a $3 billion market cap, 20% of their market cap in net cash, more gold reserves than market cap, and cash costs for producing silver of about $12/ounce... This company would be profitable even down to silver in the low $20's and profits could perhaps double with roughly a $10 increase in the price of silver. On top of this, PAAS is actively repurchasing shares. Thoughts? Link to comment Share on other sites More sharing options...
Sunrider Posted November 13, 2012 Share Posted November 13, 2012 To the extent that this provides confirmation (and bias?) - I think one of the Motley Fool services recommended them last year, if memory serves. Cheers - C. Link to comment Share on other sites More sharing options...
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