September 12, 2011
– Comments (5) |
RELATED TICKERS: SLW
Thanks for posting.
Thanks for that link. I am now really interested in Argentex, do you have a ticker for it?
Nevermind, I found it!
I’ve been looking around at some of the names I was not familiar with in the article. So far, I’ve found one I wasn’t familiar with, performed some D. D., and have purchased some shares:
Argentex Mining Corporation is an exploration company focused on the discovery of silver, gold and polymetallic deposits on its advanced late-stage exploration projects in the Patagonia region of southern Argentina. In total, Argentex owns 100% of the mineral rights to more than 35 projects located within approximately 307,981 acres (124,636 hectares) of highly prospective land located in the Santa Cruz and Rio Negro provinces.
Source: Karen Roche and Sally Lowder of The Gold Report (7/11/11)
TGR: Do you feel just as bullish on small caps in gold as you do in silver? ES: Because I think the price of silver probably will outperform gold by maybe 2.5 times, I have to look much harder for silver equities than gold equities. That's what we've done in the last 18 months. So I prefer silver junior equities to gold for sure. When I look at the demand and supply fundamentals, it's all in place as far as I'm concerned. Lots of times the market doesn't corroborate your view for a while, but the important thing is the market corroborates your view along the way. Yes, we had to deal with that gut-wrenching selloff in the gold stocks in 2008, but when you look back at it now you wonder what the hell the market was thinking. TGR: What are some of the good silver small caps you found in your search? ES: “We've been in lots of companies. We've been involved with Fortuna Silver Mines Inc. (TSX:FVI; Lima Exchange:FVI), First Majestic Silver Corp. (TSX:FR; NYSE:AG; Fkft:FMV), Argentex Mining Corp. (TSX.V:ATX; OTCBB:AGXM), SilverCrest Mines Inc. (TSX.V:SVL), Silver Quest Resources Ltd. (TSX.V:SQI), Aurcana Corp. (TSX.V:AUN) and Mirasol Resources Ltd. (TSX.V:MRZ). I've got a long list.”