SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Aristocrats (tm)
NNVC 1.420+3.6%Oct 8 9:30 AM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: sense5/11/2019 6:32:12 PM
   of 5080
 
AUQ acuired by LSG acquired by TAHO acquired by PAAS

Fascinating in that a string of the picks here... have been merged into one.
AUQ/LSG I've not looked at deeply since the acquisition... should be a solid value for a while still.

TAHO I was interested in following... as they struggled with foreign governments and failed. Before they imploded, they had a DRIP... enabling direct investment and ownership without involvement of third parties as "street name" frauds working against shareholders interests... shorting what you're buying... It was one of the few direct investment potentials in the space... now gone... perhaps not a coincidence.

PAAS still around a double since the posting here... but in decline now, after the acquisitions. Good quality assets, but an open question if PAAS can fix what TAHO broke... relationships being as important as rocks in the management of foreign projects.

Silver continues under-performing... relative to itself, relative to gold... relative to the markets...

Hard to see how the big process flow at PAAS and the $360 million in debt... not making money now... will turn that corner in a predictable way. Not saying they can't... saying I've not looked at it to determine for myself how... and when... with what potential dependent on metals pricing, relative to that in the fixed tied to the debt...

Like the rocks, but think I'll PAAS... for now. When silver bottoms ? When the market implodes ? Still depends on the timing on which they can convert potential into reality... and what that costs in the interim.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext