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.

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