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I say things on Twitter

9/16/13

Dear silver mining company analyst: Nobody gives a rat's ass about your stock pick

For example:

Fortuna Silver (FVI.to) (FSM): Small but growing producer, returns consistent net profits, well-run, cash at bank and debt free, low cash cost, rarely fails to deliver on guidance, trustworthy management.

Great Panther Silver (GPR.to) (GPL): Perma-underperforming small silver producer, pumped by bullshit artists for years, makes loss at current silver price due to high cash cost, management consistently fails to deliver on guidance.

MAG Silver (MAG.to) (MVG): Exploration only, nice main asset, spinning wheels waiting for something to happen, treading water as a company until FRES decides on development.

Pan American Silver (PAA.to) (PAAS): One of the biggest producer names out there, diversified assets, management with a patchy recent record of corporate decisions (M&A, purchases gone wrong in Argentina etc), though still profitmaking and much bigger than the above names.

People, it doesn't matter what your preferred flavour is, the market doesn't give a damn because it sees one word and acts on it: Silver:



So give us all a break with your "my pick's better than your pick" bullshit, will you? Self-important fools the lot of you.