APMAn update to an earlier idea here that ran out of chart update time . Still strong, buying pullbacks .
Andean is an off the radar producing silver play and i continue to load the truck with this baby .
APM trade ideas
Back test complete?What part of the bull market for precious metals are we at right now? More importantly, is this breakout and back-test on the weekly chart complete?
$apm.v OTC:ANPMF #silver
@AndeanPM
APMSome things i really shouldn't share with the general public . This is one of them . A mid scale Bolivian silver producer that has been breaking even on profits . Once silver ramps up , this one is going to rocket . I'm actually bullish on Bolivia as they seem to be very mining friendly at the moment . Of course that may change . Still Canada and US are #1 for safe jurisdictions .
www.andeanpm.com
Just breaking out of the baseHere is a 6 million silver ounce producer with tin on the side that is valued as 250 million market cap.
Peers with similar production are valued over a billion.
This is an easy 4x stock from here to match peers, then add the appreciation with all boats rising with the tide.
My biggest position, and I've been pounding the table on it since IPO. Average cost $1.30.
My top silver pickMy postion size is so big here, that I could by 10 normal sized positions. That's how good the risk/reward is on this 6M oz silver producer that's priced like an exploration company.
