A High Margin, Growth Oriented Silver Producer - New Report to Download
Dear Silver Investor Readers,
My colleague Eric Coffin (who you may have heard of by now) is the editor of the well-respected newsletter, HRA Advisories - which has been early on many of the big discovery stories during the newsletter's 17 year history.
Eric believes that we're in a market where companies generating new finds and growing them will be the focus until traders are comfortable they have seen a bottom for silver and gold prices. That may come soon and when it does, the market will be looking for the best producers to follow.
We all know there is heavy demand for physical gold and silver, especially in Asia, but traders on the paper markets are obsessed with the potential end of QE and have been selling because of it. That makes mining those metals a tough and unforgiving business right now.
In today's market, Eric thinks the best strategy is to seek out companies that have very low cost production, potential for rapid production growth and talented and experienced management that can deal with adversity. The company he is focusing on produces over two million silver equivalent ounces per year.
In the latest quarter, their cash cost was below $8.00/ounce - far better than other companies in their sector. The company will increase production over 40% next year and still keep costs low. This is a profitable silver miner that should do much, much better when silver prices increase again.
In their interview with HRA, they describe why their operation succeeds, their plans to make it even bigger and what to look for in a superior project - advice you can apply to any company.
I strongly urge you to download this interview with a High Margin, Growth Oriented Silver Producer now.
Sincerely,
David Morgan
