Surveying 14 Silver Stocks
By Marco G.:From the understanding that silver often leads a rally in small cap resources stocks as depicted in this previous article, the author set out to survey the silver companies exhibiting at the recent Vancouver Resource Investment Conference running January 22 and 23, 2012. One point that I noticed from the show was the focus on production; the reduction of risk with having a cash flow incoming. Another factor was that a new number for comparison of silver companies was found and this was utilized for possible stock selection in this writing.
Silver Buyout Benchmark Increases
On January 23, 2012 morning, Pan American Silver Corp (PAAS) offered $1.5 billion to take over Minefinders (MFN) in a stock and cash deal. Surprisingly, investors disapproved of the deal driving Pan American shares down 10% for the day. The deal was worth about $15.60 per share or a 36% premium for Minefinders. Minefinders producedComplete Story »