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Author Topic: buy SRLM to play silver rally
ichabod
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I discovered SRLM recently, (and yes, I'm long the stock!). When the silver stocks rally, this one should go to the moon, due to the fact that it's float is only 5 million shares! They've also been around since BEFORE the bear market and have an impressive portfolio of properties, so they are a good long term play, too. The web site is www.sterlingmining.com.
Posts: 2 | From: memphis, tn, usa | Registered: Jan 2003  |  IP: Logged | Report this post to a Moderator
FloridaSwingTrader
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[QUOTE]Originally posted by ichabod:
[B]I discovered SRLM recently,

This one seems to be having its own rally already. Up about 200% this month. A 6 month chart shows it hovered in the 20 cent range for most of last year, then earlier this month it really took off.
I'd wait for the inevitable retrace, say maybe back to the 30 or 40 cent range. Who knows, it might go back to its normal 20 cent range.
Too bad you didn't post this last month because it would have been nice to get in back then. Good pick, I hope you've taken your profits.
FST


Posts: 1869 | From: Sarasota, FL, USA | Registered: Dec 2002  |  IP: Logged | Report this post to a Moderator
ichabod
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I wish I'd found it a month sooner. I got in at .54, so I'm sitting. I think the next leg up might come after the Vancouver Gold show or after silver (metal) breaks the $5 mark.
Posts: 2 | From: memphis, tn, usa | Registered: Jan 2003  |  IP: Logged | Report this post to a Moderator
   

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