RE: Absolutely Disgusting Price MovementsStilesBC I agree 110% with your post. $18 by year's end and this volatility helps sets us up for a rise that will be just as dramatic. It won't happen this week or next, but I believe before the end of fall, we'll see a rally catapult us up,up and away. That's the hope anyway.
Sinclair calls for $1650 gold and what will silver be?.
O/T Rec: SLW.WT is my largest silver position - I love Silver Wheaton and I'm looking forward to adding Glamis' silver assets. But I think the best value on the Venture at this time is a moly play with a fully permitted mill that will be completed in November, will generate $75 million in revenues in 07 and $45 million in NET INCOME based on current moly prices and with 60 million o/s and 64 million FD (30% tax rate). All Capital costs will be paid in full in about 3 -4 months, and with a 10 year mine life this will be a cash cow. Located in the heart of Afica? Market price of $5? Nope -the first new mine in B.C. in a decade and trading at $1.05. Absolute steal. v.rok