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Silver miner EXK down heavily to $6.06

|Includes:ABX, AEM, AUY, BHP, CDE, CLF, Endeavour Silver Corp. (EXK), FCX, FXA, FXE, GDX, GLD, GOLD, HL, IAU, KMT, MVG, PAAS, PALL, PPLT, RIO, SCCO, SIL, SIVR, SLV, SLW, SSRI, TCK, VALE, WLK, WLT

Very nice buying chance here , its down because the company raised money by issuing roughly 8M shares which is not much considering its OS only rises to 72M from 64M, When you consider the rapidly rising price of silver "at $27.20/oz" and that (NYSE:EXK) costs are under $6/oz, it makes perfect sense for (EXK) to raise money to buy new mines to take advantage of this soaring Silver price. I have never heard of a miner that is not aggressive to ever grow their deposits.

Also of note is that (EXK) forward PE at 15 while (NYSEMKT:MVG) trading at much higher market cap with no forward pe as of yet.

(EXK) is looking to buy Cream Minerals which will increase its metal deposits vastly.

http://stk.ly/chZVOx