New Pacific Metals has been inside the "accumulation zone" for quite a while now . These sideways moves of 2-3 months or more is where accumulation or distribution takes place . How do i know it's not distribution ? I dont ... it's a guesstimate based on a bullish silver scenario . Also i am fairly bullish on Bolivia given their recent mining friendly stance ,...
Some 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...
Here 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.
NYSE:SQM
* Lithium play
* USD/Bolivian currency....
* Mining play
* Sequencing watch
* Break out from downward wedge
* Discount on Lithium levearaging USD
