On the 18th June 2008 we made an additional acquisition of Pan American Silver Corporation (PAAS) as we our research suggested that the downside for this stock looked limited. Since then PAAS has increased by $3.62 to close today at $34.68.

Despite gold making gains today and silver putting on another $0.20 to continue its run and hit at $18.30/oz, many of the silver stocks including PAAS were sold off (read more).