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« George Soros Bought $10.5 Million of Silver Wheaton Corp.; Should You Buy, Too? | Main | Swiss Pension Crisis – It’s Everywhere »
Sunday
Oct052014

Pan American Silver Has The Cash To Survive And Thrive

Summary

  • Pan American's cash position will allow it to survive low silver prices.
  • This cash can be used to buy assets at fire-sale prices.
  • Silver stocks are oversold and due for at least a short-term bounce.

By Ivan Y.

Pan American Silver (NASDAQ:PAAS) is the fourth in a series of articles I am writing on silver stocks. The three stocks I had written about previously wereHecla (NYSE:HL), SilverCrest (NYSEMKT:SVLC), and First Majestic (NYSE:AG)

Overall, I was not impressed by what I saw, but Hecla did appear to be better than the other two. SilverCrest appeared to be risky because of its one-mine operation and First Majestic appeared to be overvalued compared to its peers.

Read more....

 

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