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Friday
Jun222007
Silverado Gold Mines: Bought yesterday at $0.09
Friday, June 22, 2007 at 09:46AMWe managed to increase our investment in gold miner Silverado yesterday at a price of 9 cents. It may well go further down but we are happy to bag a few more at these gold prices. We will continue to watch Silverado as we intend to take advantage of the summer doldrums and increase our exposure to the gold market despite the negativity that surrounds us.
Reader Comments (5)
Am an avid fan of your site ever since I bumped into
it about a month ago.
I am from Asia and starting to know about mining
stocks listed in US when I came to know this site.
It was a little bit late however when I was able to
buy into Silverado because I have to open an account
with US online broker. Was not able to get in at .08
and instead my cost is around .09.
Is it still a buy below .10? Any upcoming events in
the pipeline? In my research, they are not the only
one who is venturing into coal to liquids technology?
Will they be able to beat the competetion? Or is their
process different from other coal to liquid
manufacturers?
We bought at .09 recently and will be holding but watch this space as from time to time we do a few short term trades.
I am hoping to get this one at .08 and will be trading it and hold the rest for the long term..
This way, I get to lower down the cost of my existing holdings :)
I hope people knowledgeable about this coal to liquid technology share their views here.. I need inputs to determine whether to add more SLGLF shares.. hehe..
Have owned this stock for several years. Bought at .047 and held on during it's bumpy ride.To my surprise, Silverado is coming to my home town in the Red Hills Ecoplex coal mining operation. The ground breaking has taken place for the Green Fuel experiment plant, and the state funding for the first phase is underway. With the bullish gold market and the energy crisis we face, I remain bullish on this stock. For the investment,I feel the returns can be great.
It looks like they Finally got all there ducks in a roll my target is $3.00