Author Topic: PAAS - Pan American Silver  (Read 1534 times)

FCharlie

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PAAS - Pan American Silver
« on: November 12, 2012, 02:00:22 PM »
Anyone ever study Pan American Silver? A Canadian silver mining company with a $3 billion market cap, 20% of their market cap in net cash, more gold reserves than market cap, and cash costs for producing silver of about $12/ounce...

This company would be profitable even down to silver in the low $20's and profits could perhaps double with roughly a $10 increase in the price of silver.

On top of this, PAAS is actively repurchasing shares.

Thoughts?





« Last Edit: November 12, 2012, 02:08:16 PM by Parsad »


Sunrider

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Re: PAAS - Pan American Silver
« Reply #1 on: November 13, 2012, 05:09:02 AM »
To the extent that this provides confirmation (and bias?) - I think one of the Motley Fool services recommended them last year, if memory serves.

Cheers - C.