AmusingThe same old complaints that have been addressed mulitple times have to keep on being repeatedly addressed ... as if all this nonsense will affect the price of the stock ,,, excpet maybe for a few of the easily misguided. Silly really. Some good posts here that make sense. Wanderer makes a good point, why sell your silver now when demand for it is intensifying and peak supply has been hit? The whole idea (for the benefit of the leg pullers and naysayers here) is that people all over the world are buying silver coins for future profit. And the in-house miscreants also know, or should know, that the proven manipulation of said silver for years now had a purpose for all the big industrial silver users. Then there are the big funds and investors who are vaulting it for both its monetary and industrial appreciation value that could rocket out of site upon a sudden jolt. Of course, as mentioned many times, JPM hasn’t screwed the markets by never losing a silver trade in many years … and accumulated over a billion ill gotten ounces whilst said regulators looked askance.
Captain duff, it is not the cost of the silver production today, it is what the cost today is versus the future price of $20 to $50 silver for starters. It is the investment value. Selling today for a measly $7/oz. gross profit would be nuts. So, yes I agree … it is definitely about margin … today’s margin , next month’s margin and next year’s margin. Opportunity is here in BHS ... not over there. BHS will double far faster than First Majestic.
Lots of anxious, silly and misleading posts here. Like: “all the other silver miners are up today”. Just a total unresearched lie. What is the motivation? Same as on all the other BBs I guess.