Midas Letter Covers Xtierra Inc.: One of TSX Venture’s Best Kept Silver Secrets – Baystreet.ca

Xtierra (TSX.V:XAG) has to rank among the TSX Venture’s best kept secrets. With the advanced Bilboa silver-zinc-lead project in Zacatecas, Mexico in feasibility with a 140 million ounce silver equivalent resource, and trading at a market cap of $14 million, the disparity between the reality and the should-be makes this a nearly too-good-to-be-true story. But while developing the understanding of the project and the company for this piece, the reasons for the low price become clear. (This is all of course my own speculation.)

Southern Copper Corp. – InvestorIdeas.com (press release)

Southern Copper Corp. (SCCO – Snapshot Report) is worth its weight in copper, fresh off a new all-time high above $50 as copper prices continue to surge. With a bullish next-year estimate and attractive valuation, this Zacks #1 rank stock is more than change in momentum’s pocket.

Silver may outshine gold this year

In line with many other commodities, including precious metals, silver, often described as poor man’s gold, has shed some gains from a 30-year high at $30 an ounce in December to trade now at a little less than $29.40 an ounce. Such correction is in order as the November US unemployment rate fell to 9.8 per cent, this year’s GDP growth forecast for the world’s largest economy is three per cent and the dollar rally is finally on.

Xtierra Inc. One of TSX Venture’s Best Kept Secrets

Xtierra (TSX.V:XAG) has to rank among the TSX Venture’s best kept secrets. With the advanced Bilboa silver-zinc-lead project in Zacatecas, Mexico in feasibility with a 140 million ounce silver equivalent resource, and trading at a market cap of $14 million, the disparity between the reality and the should-be makes this a nearly too-good-to-be-true story. But while developing the understanding of the project and the company for this piece, the reasons for the low price become clear. (This is all of course my own speculation.)

NYSE Active Stocks are PG, NEM, MCD, ANR

Newmont Mining Corporation, NYSE:NEM percentage change fell 1.92% to close at $55.72 with the total traded volume during last trading session was 10.85 million shares.

Sean Rakhimov: Silver Going Mainstream in 2011

Never mind the correction in the price of silver, says Silver Strategies Editor Sean Rakhimov; better things are ahead. “It may be volatile; it may be steep; but it should be short-lived,” he says, adding that he expects silver to rise well above its 2010 high at some point in 2011. Some of that price support could come from governments entering the silver market. Find out all the reasons for this and read about some of Sean’s favorite silver plays in this exclusive interview with The Gold Report.

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