Gold/Mining/Energy : U.S. Silver Corp


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To: AlphaRomero who wrote (1)1/5/2012 4:14:54 PM
From: senseRead Replies (1) of 112
 
I made a call to pick what was then USA back in the fall of 2008... when it seemed I was the only one who thought it was worth looking at or talking about.

A lot has happened since then... given silver prices have moved significantly higher than their cost of production...

Still think they're by far the best risk out there in terms of the junior silver producers... even with that leverage in transition from "not profitable" to "profitable" having already occurred...

USSIF is one of the few that I expect has the capacity to dramatically increase production and profitability based on nothing other than reinvestment of profits and the realization of the benefits of investment that has already been made... much of it at higher share prices than we're seeing currently.

For one who believes in the future of silver as an investment, I don't know that there is much better "market recognition" you can get in a junior silver play, than to have Sprott think it's worth dumping shares in his own projects... to buy shares of USSIF...

Don't find it hurts my feelings to have found it well before Sprott did ?

Seeing the neighbors efforts in the region ? I'd MUCH rather be in USSIF's shoes than others...
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