Kootenay Silver Inc. V.KTN

Alternate Symbol(s): KOOYF

Metals & Mining Silver

Kootenay Silver Inc. is a Canada-based exploration company engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico. It is focused on the expansion of its silver resources, new discoveries, and the near-term economic development of its priority silver projects located in mining districts in Sonora, state and Chihuahua, state, Mexico. Its projects include La Cigarra Silver Project, La Negra Silver Project, Promontorio Silver Resource, Columba Silver Project, and others. La Cigarra Silver Project covers over 18,000 hectares (ha) located within a mineral belt in the state of Chihuahua, approximately 26 kilometers (km) from the silver mining city of Parral. La Negra Silver Project is situated about seven km north of the Promontorio Silver Resource within the Promontorio Mineral Belt, in the state of Sonora, Mexico. Promontorio Silver Resource is situated on the Promontorio Mineral Belt Property that includes the La Negra silver discovery.

TSXV:KTN - Post by User

Kootenay Silver Inc.

Bullboard Posts

Post by basserdanon Apr 26, 2011 9:23am

202 Views

Post# 18487467

CME Group hikes margin requirements for Silver

CME Group hikes margin requirements for Silver

By Trader Dan
Monday, April 25, 2011

After the extreme volatility in silver, it comes as no surprise to see the CMEGroup raise margin requirements for trading silver yet again.

Speculators now need to pony up $12,825 to buy or sell a single full sized silver contract - that is up from $11,745. Maintenance margin now rises to $9,500 from $8,700.

Some of what you are witnessing this evening in silver is due to this change being instituted as brokers are calling clients advising them of the coming change at the end of trading tomorrow (Tuesday).

Emini silver and miNY silver futures are also affected by this change.

Hedgers' margin requirements are being increased to $9,500 from $8,700. Wouldn't it be nice to get hedger margins when the truth is that much of what occurs at the Comex is not hedging but is pure speculation on the part of the perma bear firms.

https://traderdannorcini.blogspot.com/2011/04/cme-group-hikes-margin-requirements-for.html