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« Taseko Mines Ltd. (TGB): News Flash | Main | Taseko Mines Limited (TGB): Buy This DIP »
Saturday
Aug122006

Silverado Gold Mines Ltd: 12 August 2006

If you can afford to spend at the moment then invest more of your cash in Silverado Gold Mines Ltd.



During in this lull before the fall rally, it is a good time to be investing in your favourite mining stock. At a little over 6 cents this represents great value in our humble opinion.

From the chart we can see that a base has been formed and the longer this consolidation goes on, the better the breakout when it comes. All it needs now is an item of good news, a slight increase in volume and we will see this mining stock move too much higher ground.

SilveradoChart12Aug06

Have patients and don’t go too mad with it, but a year from now it will look like an absolute bargain.

You can find it on the NASDAQ OTC BB

12 August 2006

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Reader Comments (2)

what is your opinion of silverado today
thank you

December 4, 2010 | Unregistered Commenterstanley wasserman

Stanley,

We bailed out some time ago, at around 6 cents, have retained a few shares, but they don't interest us at the moment.

December 5, 2010 | Unregistered CommenterGold Prices

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