Post by
Farquar on Apr 09, 2024 12:37pm
Apgo's silver is now valued at 13.5 pennies per ounce
Thats about 1.96$US/pound when a pound of silver is 14.58 troy ounces x 27.85 $ = 406$US
So pure silver is worth about 406 $ a pound or about 901$/kg and the market is valuing 1 kilo of pure silver on Apgo's property at about 4.35$US /kilogram which is less than a capacino coffee at Starbucks...It's absolutely ridiculous.
The bankers have done quite a job of keeping investors completely out of this sector and of absolutely obliterating investor sentiment or desire to buy silver ..It's disgusting...but maybe we are about to see a violent re-rating of these mining companies..