Bull asked me at one point if I was going to profile SEG. I just found this quite interesting:

http://smartinvestment.ca.previewyoursites.com/dynamicdata/seg.asp

There are so many silver plays in Mexico, it's hard to choose!

Thanks Studbkr!

Sounds like an interseting operation, although small. Do you know when Mike wrote this?

I am going to look into SEG further. I like the idea of producers right now, even if they are not huge operations.

December 2006, I believe:

http://smartinvestment.ca.previewyoursites.com/coachsanalysis.asp

I should mention, that I have bought some for family members. If Oremex had not come along, I would have bought for myself as well. Looks like a no brainer, as silver keeps going up. Especially with their news coming out so positive.

So thanks Karl!

Bull, and how would you rate SEG versus SPM?

Well SPM will have 1000TPD mill so that is substantially more than SEG, however look at SEG's silver grades, quite impressive. I also like that SPM has some amazing zinc intercepts and that they can use bulk mining for very low cost extraction. SEG has some serious silver and though much of it is deep and there are some water issues, SEG will get a huge premium when silver trends towards $20.00 later this year, early next year. SEG should move up to $2.00 plus fairly quickly and may outpreform SPM. I quess I really like SPM for the resource they will prove up over the next year or two and the management is top shelf.

I look forward to the race between SEG and SPM on a percentage basis this year. If an opportunity presents itself, I will probably buy SEG

This strategy would be in keeping with my intent to move to established producers or low risk nearterm producers, as we start this new up leg in PM's

While I was in Mexico, Terry Byberg was getting an ad made up for Kitco. I wonder if it will have any effect on the stock?

Also, after some further editing Silver Eagle says they will ask CHF to link to my mine visit video. Maybe that will bring some more traffic to the forum here.

I should also try to get other subscribers to my service register here. I answer a lot of questions by email...better to do it here maybe.

I updated SEG in MP to see if i could get a P/E out of it. To my surprise P/E and a lot of other figures on MP are gone...

There is a new resource estimate due out any day now. I am hoping for a doubling to 24 million oz. This may be a bit optimistic, but if most drills are included, we could get there.

I am re-editing small parts of my video report on SEG, nothing major. One of the things that does make a difference is, SEG is soon putting a 4th drill to work and in the video I have "will soon put 4 drills to work."

Those who follow SEG closely, know that 3 drills are turning now, but I will make the correction in wording.