RE:RE:Silver/Zinc Fallout As Rising Energy Costs Close SmeltersI'm not holding my breath waiting on $200 silver either. Ratios are handy...kind of off the cuff...fun. I can see $50 silver in this cycle meaning the next 1-4 years. I just want to see numbers for an entire quarter of the new SCZ...meaning the 2nd quarter.
Smelting fees are a real wild card. I expect them to rise. Glencore is not a charity...I'm showing my paranoia here derived from the experience of owning Trevali when they acquired two producing Glencore mines. It did not end well.
Still, SCZ is positioned to make beaucoup hay while the sun shines. And i'm extremely bullish on silver.