Thursday, October 09, 2008

SilverStone Resources SST.v - small brother of Silver Wheaton SLW.


Last time I was buying in October 2006 right into those levels at 0.65CAD. Silver was at 11USD. SilverStone was just a spin off from Capstone Mining CS.to, no any single silver revenue stream - only exploration potential. It is just to show how value has been disconnected from market prices by panicking Mr Market. If Gold is now in a Super Bull Mood, Silver will follow. Revenue in SilverStone will increase, will stock continue to fall? Nowadays you never know for sure when another hedge fund will go belly up. The only assurance is that stock is recovering from recent low and is not hitting new one with sympathy to general markets waterfall today. On TA bases will be nice to see Double Bottom confirmation on multi year scale.

2 comments:

Anonymous said...

SST.v getting pummeled today. But, why?

Sufiy said...

Margin Calls