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View Full Version : Buy NXG and EXK


main1event
26th November 2008, 11:50
Right now I especially love NXG, its trading 20% below its upper bollinger so a move to .90 to 1.00 is possible.

EXK is trading at its upper bollinger and will need a little consolidation before it moves higher.

Both stocks are trading 3 x cash, are solid producing companies with very good reserves and very little if no debt. Diamonds in the rough that have been thrown out with the bath water.

I bought NXG yesterday at .72 and EXK at 1.15

goldragon
28th November 2008, 16:02
Technically HL and CDE should be the best. Fundamentally SLW should be the best. Take a look at yahoo for SLW and Fidelity for HL and CDE, you will know why. this is why SLW has up 14% today.

chux03
28th November 2008, 20:59
CDE has been a dog forever. I read earlier today their getting booted off the exchange because their share price is under a buck. I can't ever remember them being anything except the "lone Mack truck" of the fleet of otherwise fine roadworthy vehicles (other silver companies), if I was comparing such things.
If I was in the mood for any of these stocks mentioned, I'd think it would be better to buy near their low? Hecla around $2, Silver Wheaton around $3. Maybe that isn't their low but without trying to call a market bottom (who would ever do that?), how much lower could these really go? Zero? No, they own too much and have been around too long, 112 years in Hecla's case. And that they own millions of ounces of silver that they sell into the market all year long, these PM companies aren't like Circuit City going out of business, where the value really CAN go to ZERO. These would NEVER go to zero and so if everyone agrees with that, I'd say (with the exception of CDE) they're looking VERY attractive at these prices....how's that?? :D