By Adam Hamilton – Re-Blogged From http://www.Silver-Phoenix500.com
The silver miners’ stocks have had a roller-coaster ride of a year so far. They surged, plunged, and then started surging again last week on a less-hawkish-than-expected Fed. Such big volatility has spawned similar outsized swings in sentiment, distorting investors’ perceptions of major silver miners. But their recently-reported fourth-quarter operating and financial results reveal the true underlying fundamental realities.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Required by securities regulators, these quarterly results are exceedingly important for investors and speculators. They offer a clear snapshot of what’s really going on fundamentally, in individual silver miners and this small sector as a whole. There’s no silver-stock data I look forward to more.