Silver on fire! LOAD up Finlay, drill results = .28cent hi all, Silver is on the move higher as we get close to $24 and head towards $25 an ounce. As China lowers rates and this metal is now becoming the eye opener for those who want the easy investment to start stacking but we are also an industrial metal also. Silver is starting to correct as indicated how the 1st QTR of 2022 is where the precious metals start to shine. Now looking into China lowring interest rates just made the US dollar stronger and not a good thing for the US. Maybe this is putting pressure on them to increase rates as inflation is going higher. China is sitting back and watching the music play on the US economy. As Gregory Mannarino would say "Yellow Stain" has no choice to increase rates and they will do baby steps on the approach. Silver right a best buy investment and correcting. Use investing.com for the Silver prices in real time and also the China news on lowering interest rates.
LInk https://www.investing.com/commodities/silver .So for that how about drill results from Finlay Minerals? Well the timing is right as Silver makes a move now and we can see our first new release this week on Silver Hope. So keep an eye out for the news release on the home website for Finlay. The BID VS ASK is holding well and we do have a rating of .
28 cents from morning star. If Silver makes a new high past $25 an ounce before Friday this is bullish for next week as we can test close to $30 an ounce. Remember the last 5 years Silver has been manipulated under $30. The higher the better for us as we wait for drill results. Also check out Silver Bull Resources stock ticker SVB....this junior is on my radar also! I do not own shares yet. So for the morning star rating and share prices see below and good luck today.
FYL has outperformed its Metal Mining peers over the last three months and over the past year.
| Morningstar Rating | 3 stars out of 5 stars Q |
| Quantitative Valuation | Under Valued |
| Fair ValueQ | 0.28 CAD |
Last price as of
Jan 18, 2022 | -- CAD
|
Level 2 Quote
Level two quotes - Bid | Number of Shares | Bid Price |
| 1,000 shares | 1,000 | 0.090 |
| 20,000 shares | 20,000 | 0.085 |
| 72,000 shares | 72,000 | 0.080 |
| 5,000 shares | 5,000 | 0.075 |
| 5,000 shares | 5,000 | 0.070 |
| 125,000 shares | 125,000 | 0.065 |
| 104,000 shares | 104,000 | 0.060 |
| 104,500 shares | 104,500 | 0.050 |
| 8,000 shares | 8,000 | 0.030 |
| 100,000 shares | 100,000 | 0.015 |
Level two quotes - Ask | Ask Price | Number of Shares |
| 0.100 | 46,000 | 46,000 shares |
| 0.110 | 80,000 | 80,000 shares |
| 0.115 | 66,000 | 66,000 shares |
| 0.130 | 13,000 | 13,000 shares |
| 0.135 | 12,000 | 12,000 shares |
| 0.140 | 12,000 | 12,000 shares |
| 0.145 | 12,000 | 12,000 shares |
| 0.150 | 147,500 | 147,500 shares |
| 0.160 | 10,000 | 10,000 shares |
| 0.170 | 5,000 | |