RE: $50 SilverWhether silver sees $40 or $50, I am OK with that. Having watched SVM since $3, I finally had to step in. I have not heard of such high ore content from any of my other plays. Great Panther, a close second, has some nice results and is also in my portfolio.
In general, Silver will go up, especially if the ETFs become approved by the SEC, which is being mysteriously manipulated by the corporate sponsors of the SUA. The SUA is the figurehead and overtly is against the formation of Silver ETFs. The true conspiracy in all of this is the wheeling and dealing (power plays) going on behind closed doors in DC and who knows where, driven by the corporate sponsors of the SUA; I suspect there will even be some foul play in this war of ideas. Nevertheless, I own physical silver, Apogee Minerals, Bear Creek, Great Panther and now this. I feel that this stock is the company that Bre-X wanted to be, but they didn't have the goods - we do! This is a rich deposit and it's only a matter of time before we see some institutional investors buying large blocks of this particular stock.
Very Strong Buy.
A69