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Minco Silver Corp T.MSV

Alternate Symbol(s):  MISVF

Minco Silver Corporation is a Canada-based silver mining company. The Company is focused on the acquisition and development of silver properties. The Company’s project includes Fuwan Silver Project and Changkeng Gold Project. The Company, through Changfu Minco Co. Ltd., holds Fuwan Silver Project, which has Luoke-Jilinggang Permit on the Fuwan area covering a total area of approximately 21.75 square kilometer (km2) located in Gaoming County, approximately 45 km southwest of Guangzhou Province. The Company holds a 51% interest in Mingzhong, which owns the Changkeng Gold Project. The Changkeng Gold Project immediately adjoins the Fuwan Silver Project. Its subsidiaries include Minco Investment Holding HK Ltd. (Minco HK), Minco Resource Limited (Minco Resources), Guangdong Changfu Mining Co. Ltd. (Changfu Minco), Minco Mining (China) Co. Ltd. (Minco China), Tibet Minco Mining Co. Ltd. (Tibet Minco), and Mingzhong Mining Co. Ltd.


TSX:MSV - Post by User

Bullboard Posts
Comment by pianoman88on Jan 17, 2013 9:25am
217 Views
Post# 20849896

RE: why i am bullish on Gold NOW!

RE: why i am bullish on Gold NOW!

Well technically they're repatriating 19% of their gold since they already have 31% already in Germany.

Also, I don't see the correlation to Venezuela since gold was already on the rise at the time they announced their intention to repatriate gold in August of 2011...

Although the price of gold went from about $1700 to $1900 after Venezuela's announcement in August, by the end of September it had fallen back to $1600. Sure it rose again to $1800 by the time they received their first shipment of returning gold, but it dropped steadily between then and their last shipment in January 2012 back to $1600

I too am bullish on gold and believe it will reach $2500 by the end of 2013, but fail to see the connection you're trying to make.

Cheers, & GLTA...

ll lll ll lll

Bullboard Posts