Pan American Silver Confirms No Need to Despair About Its Mine

Today, Pan American Silver Corporation (PAAS) issued a press release confirming my earlier assumption that its mining operations in Bolivia would not be impacted by the Bolivian government’s efforts to further nationalize its resource industries (see “Despair Deep in the Silver Mines: Another Opportunity to Buy Pan American Silver“). “On May 1, Bolivian President Evo … Read more

Silver Wheaton CEO Not Thinking About Hedging Silver Until $50

The number $50 per ounce appeared in another discussion about silver. I first came across this target in James Turk’s theory about three stages for silver’s bull market with stage 2 beginning at $50. This time $50/ounce came up in an interview with Silver Wheaton’s CEO, Peter Barnes, as he discussed SLW’s earnings results on … Read more