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Apollo Silver Corp V.APGO

Alternate Symbol(s):  APGOF

Apollo Silver Corp. is a Canada-based exploration and development company. The Company is focused on advancing the Calico Silver Project (the Calico Project), its silver exploration and resource development project in the United States. The Calico Project consists of the Waterloo property (the Waterloo Property) and the Langtry property (the Langtry Property), in San Bernardino County, California. The Calico Project is situated approximately 15 kilometers (km) from the City of Barstow, approximately halfway between Los Angeles and Las Vegas, Nevada, along the I-15 interstate highway. The Waterloo Property comprises approximately 27 fee simple land parcels (1,350 acres) and 21 unpatented claims (19 lode mining claims, 2 mill site claims) (418 acres), totaling approximately 1,770 gross acres. The Langtry Property comprises approximately 20 patented claims (413 acres) and 38 unpatented lode mining claims (765 acres), totaling approximately 1,178 acres.


TSXV:APGO - Post by User

Post by Farquaron Apr 18, 2024 9:44am
88 Views
Post# 35995652

Everyday day for several weeks Comex has been trading

Everyday day for several weeks Comex has been trading At least 100,000 contracts per day. Last friday was 210,000 silver contracts traded in that one day or 1.1 billion ounces of silver.  This is a ridiculously large amount of money per day being spent on  a very tiny market like the silver market. In 2023 there was probably only 800 million ounces produced by mining companies in the whole world in 365 days and yet almost 800 million ounces worth of contracts  have been exchanged or traded for every single day for several weeks now!!!

Silver just won't go down! It kinda feels like 2011 again when silver took off and hit 49$...but I could be 100% wrong..
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