philzuco

Central Sun Mining: When the Dust Settles, Juniors Will Shine

This analysis cracked me up. The author notes that when the juniors do recover, buyers will be more selective. He explains that investors should therefore avoid suspicious political jurisdictions such as Ecuador, Congo or Venezuela. However, in the next paragraph, he recommeds Central Sun Mining, a company operating in Nicaragua(?!). Who wants to invest in Nicaragua in this investment climate?

Moreover, why bother with an investment in Nicaragua when you can get resource growth (128M Ag. equiv resource at year-end 2007 and 300M Ag. equiv resource guided for year-end 2008), production expansion (4M oz. Ag-equiv produced in 2007 and 5.4M oz. Ag-equiv guided for 2008), political safety (Mexico), seasoned management (CEO Keith Neumeyer was a founding president of First Quantum, a multi-billion dollar resource company) and first-ever earnings delivery (Blackmont Capital forecasts $0.32 per share in 2008) at FIRST MAJESTIC SILVER (TSX:FR). Now there's a stock institutions will flock to when juniors start to move this year. You can take that to the bank.