RE: Price Of Silver.......Hi Nelson3,
In a sense EXN didn’t fare too badly as many juniors took it on the chin today. I still maintain that shares are flat due to investor apathy. I’m not sure that there is a whole lot of interest in the gold and silver market in general, even with the POG & POS at current levels.
The higher the POG & POS are able to climb, the better the chance that more investors will stand up and take notice. Gold and silver seem to be playing 2nd fiddle to oil in most of the business reports but even the mainstream media is beginning to mention gold with more frequency.
I am as surprised as you are that the SP isn’t considerably higher. Maybe we are overdue for a “bungee effect” in the SP!!!!! The million dollar question is when?????
I would be quite surprised if the SP doesn’t hit $0.30 within the next few weeks, just based on pure speculation on the upcoming drill assays and nothing else.
It’s almost surreal watching the POG and POS and watching the junior sector go the opposite way.
Good luck.
SMF069