SLX - Silvermex - Page 59

sorry clicked wrong button :(

Bought today with markets down and silver up

Silver was in positive territory at the time and i added another 30K of SIlvermex. Of course it dropped right after , lol

Not a prob tho, this one a great longterm hold with tons if inground value already. some production and potential for a lot more.

Hey mouser it seems like this may take some news to get it going but i dont see much coming down the pipe right now, any idea how long it will take for somenews releases with value?

I like the dip! I'm going to buy some more when it gets under .80 :)

I did the same silver fell today I was able to snatch some at 84. Hope it hits 80so I can buy some more.

 SLX just did an update a few weeks ago, the new management is going over the data from Temascaltepec area ( resources at La Guitara) and will do some development and drilling before expanding production later in the year. I suspect a Q report is due out in the next while as we have not had a financial report since the merger went thur in NOV.  I dont see the report doing much for the stock tho, as production has been limited to a few hundred tonnes perday as they develop enough of the orebodies for future expansion of production. This one really should be a play on silver/gold in the ground, as they are valued somewhat less than many explorers who have no production and a lot less in resources. Exploration potential for SLX is as positive as for any explorer out there, and they have the added bonus of a producing mine already with all the infrastructure in.

Silver on the move added to my position this morning

Picked it up at .86,

 

I know they say "dont fall in love", but its just so damned cute.

Very confusing action today?? Especially with silver still bumping all time highs.... thoughts?

I believe a general selloff in the markets , and funds etc are selling everything good or bad , silver or gold , really doesnt seem to matter.

I did pick some at .82 today and appears i should have waited. BUT i liked it .90 and believe fair value over 2 $ , so at these prices even better.

Just bough a fair amount at .79...last time it was here it rebounded pretty well. w00t

I got back in at .79. What a bargain!

me too.....got a small position at .78 this morning...

I thought it was a stink bid when I placed it but it actually got filled....hmmn...

i keep adding on dips, more at 0.69 just now.

Same here. This .68-.70 range just seems too good to pass up! Silver is going to remain volatile but I don't believe any recent events change its long-term perspective. Just means great discounts for buyers!

Trying to get some @ .70 right now! :)

 

I got more at .71 today. I'm hoping this has bottomed out. It closed at the high today which is encouraging.

Up close to 20% since yesterday's lows. Not a bad 2 day move! Wish I had more free funds to put into this yesterday.

This should easily be above 90c with current price of silver