Subscribe Now - Click Here:       1 Year for only $149   or   3 months for $99

02/17/2013
Apogee Silver - Near Term Double

I just analyzed Apogee silver. Their market cap has recently crashed, and their fully diluted market cap is down to $26 million. Yet they begin silver production in Q4 2013 at 2 million oz, with cash flow estimated to be almost double their current market cap. I don't see any debt on their balance sheet. If they trade at 2x cash flow, that is $80 million / $26 million = 200% return. Thus, there is an excellent chance for a short term 2 bagger.

What’s the catch? Why is it so cheap? The mine is in Bolivia. But if you are only betting on a 1 yr investment, the risk might be worth it.

http://www.goldsilverdata.com/company/36-Apogee-Silver-Ltd.html

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more here.     ×
Register for a FREE account
  • Get Don's "Guide to valuing mining stocks", which features as a chapter in his book.
  • Set up stock alerts
  • Join our mailing list (Don's thoughts)*
  • Try out searching, portfolios and other paid features.
* Average email frequency will be no more than 2-3 times per week
Processing

Thank you for registering!

We have sent you an email to verify your address. Please click the link or paste it into your web browser to confirm your subscription and receive your free chapter.