Monday, September 18, 2017

Miner Revision

When it gets too much
I need to feel your touch
--Bryan Adams

Have been itching to add to my Pan American Silver (PAAS) and finally did so this am as the stock pulls back a bit from near term highs.


May be a bit early as the moving averages are still a coupla dimes below. Like the technical setup nonetheless with stochastics reaching low.

And fundamentally, continues to operate with one of the best balance sheets in the sector. Net cash of over $100 million and an enterprise value of about $2.5 billion continues to make this my favorite name in the mining sector.

position in PAAS

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