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"To be ignorant of what occurred before you were born is to remain always a child."

Cicero

 
BUY SILVER NOW

September 9th, 1999
Issue No. 7
 
 
Long-time subscribers know the Pan American Silver story and are quite familiar with why I like the company. If you don’t already own it, or can afford to add to an existing position, this is your opportunity. Silver is bumping along at the bottom of its multi-year range. But the supply/demand fundamentals remain strong. Pan American’s stock price reflects the ups and downs in the silver price. But the decline in the stock price also reflects the ongoing political upheaval, where PAA has its largest asset. But the company has other assets, with a pipeline of growth outside of Russia. When silver moves, investors will flood to Pan American. But it now, at $5 1/16, while the stock is depressed. With positive developments in the months ahead, as well as the possibility of a rally in the silver price, PAA could be much higher by the end of the year.

 
 
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