posted on
Jul 07, 2009 01:54PM


Message: DISCHINO
Thank you tonto, and I will try.
There is much I am still learning from the posts such as names, dates and places. Not being familair with the BOD's etc, nothing I can add there.
I intend to keep an eye on this company for positive PR events and the like. Their financials tell a story, and the balance sheet needs some help, so maybe the D&D deal will bring that to being. Just how this deal is structured is not known as I gather from the wording, but it appears to be a very good sign for a company with their reputation to take interest in a penny stock no less. OTCBB outfits need exposure in the market place to attract financing and new investors. I'm hopeful D&D will be Silverado's ticket.
I'll admit some concern regarding the share volume being +/- 1% of the shares outstanding. I have the same issue on the board where I am a HL (EDIG) and we are far less than that.
One thing for sure, there is only so much gold in the ground, and with the demand world wide as emerging countries raise their standard of living and have a larger middle and upper class so to speak, the per OZ price can go know where but up IMO.
I mentioned before being in some precious metal MF's and ETF's then getting out of them. I put the $ in energy stocks and MF's and did very well for years, but that has all changed. I felt it time to go back to basics, and do not consider gold to be a long play as I used to. I plan on adding to my small start, relatively speaking, and accumulating more as I see progress. IMO, until we see 50-100 mln share days on a consistent basis, we will hover below a dime. BTW, I hope I am dead wrong....
Lastly, I value all opinions, as it creates thought and discussion. A post that questions the positive thinkers does not mean they are bashers or negative, but they want answers. It's all a matter of how a post is presented, and those who "left" recently I'd guess are thinking about that, and I hope they return one day.
Nice and knowledgeable group, so I am looking forward to more education and an exchange of ideas.
Thanks again, DISCHINO.
3 Recommendations
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