Saturday, July 12, 2014

Top Consumer Service Companies To Own In Right Now

Top Consumer Service Companies To Own In Right Now: Pan American Silver Corp.(PAAS)

Pan American Silver Corp. engages in the exploration, development, extraction, processing, production, refining, reclamation, and operation of silver properties. The company also produces and sells gold, zinc, lead, and copper. As of April 27, 2011, it had seven silver mining operations in Mexico, Peru, Argentina, and Bolivia. The company was founded in 1979 and is headquartered in Vancouver, Canada.

Advisors' Opinion:
  • [By Dan Caplinger]

    Gold fell below the key $1,300 level Thursday, raising new fears about whether the yellow metal's rally to begin 2014 is now over. Yet, mining companies fared well today, with silver specialists Hecla Mining (NYSE: HL  ) and Pan American Silver (NASDAQ: PAAS  ) posting solid gains of around 2% Thursday. What explains the disconnect that sent SPDR Gold Shares (NYSEMKT: GLD  ) down, but Market Vectors Gold Miners (NYSEMKT: GDX  ) up?

  • [By MONEYMORNING]

    A great example was when Minefinders was taken over by Pan American Silver Corp. (Nasdaq: PAAS) in 2012. We earned 56.54% on the sale of a first tranche (before the takeover offer), then 42.12% on the balance of the position once PAAS announced the takeover.

  • [By Tim Melvin]

    Once again, rather than making a wish on burning match bets, I prefer to buy out of favor companies at a steep discount to their asset and business value. And a look at the silver miners shows deep discounts to the value of corporate assets that could lead to significant profits.

    Pan American Silver (PAAS) trades at just 65% of book value and has fallen by about 75% over the past few years. Couer Mines (CDE) is fetching just 54% of book and has fallen by around 80% since 2006. Silver Standard Resources (SSRI) trades at 55%! of book and for less than the value of the cash the company has in the bank.

    In reality, silver just needs to stop falling in price for these stocks to start to recover. If the analysts are right and silver hits a new high in the next decade, these could easily be the best investments you ever make in your lifetime.

  • source from Top Stocks For 2015:http://www.topstocksblog.com/top-consumer-service-companies-to-own-in-right-now-2.html

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