Seeking Alpha
  • Mercy Jimenez
    I favor streamers e.g. SLW over miners; they have lots of cash miners need;long term contract locks look attractive http://bit.ly/M4rDxk
    6/4/12
    Reply (4)
    • Mathieu Malecot: how can you value miners (without contracts) if what they dig up is not related to supply in futures contracts? serious question
      6/6/12
    • Mathieu Malecot: wow. just read http://seekingalpha.com/a/awyz seems like a strictly superior strategy. probably means i'm still missing something.
      6/6/12
    • Mercy Jimenez: You chose a good article for a "101" on streamers; valuations made by experts who assess drill results before investing $$;
      6/6/12
    • Mercy Jimenez: e.g. SLW has 24 employees, handling stream of 43m+ equiv silver oz by 2015 @ cost $4.04/oz -- profit margins good even w/ >silver drop
      6/6/12