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PAAS
Benzinga
89 days

Jim Cramer: Rivian Better Than This Automaker, Pan American Silver Is The 'Best Silver Mine'

1. Cramer praised PAAS as the best silver mine available currently. 2. PAAS announced a definitive deal to acquire MAG Silver Corp. 3. PAAS shares rose 1.3% in a generally declining market. 4. Cramer believes PAAS has strong future potential due to acquisitions.

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FAQ

Why Bullish?

Jim Cramer's positive view of PAAS aligns with rising silver demand and acquisition growth, suggesting potential long-term gains. Historical examples like Barrick Gold following strategic acquisitions show similar positive impacts.

How important is it?

The article emphasizes PAAS's market positioning and acquisition strategy, crucial for investor confidence and future growth in the silver mining sector.

Why Long Term?

Acquisitions often lead to long-term value growth, especially in mining companies like PAAS, as seen previously with other companies expanding their resources and operational scale.

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