$1 and over daily volatility seems to bedrawing near on silver. Trend will be upward. $30 by year end seems quite possible.
Let's see if US silver produces 3.3 million oz. next year at $8-12 (just call it $10 simplicity) per oz. $20 profit * 3.3 million = $66 million free cash flow. 10 times cash flow=660 million=$2 per share fully diluted. $4 per share at 20 times cash flow.
TIme will tell. What will be will be. I like the odds (and the trend).