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Bullboard - Stock Discussion Forum CMC Metals Ltd V.CMB

Alternate Symbol(s):  CMCXF

CMC Metals Ltd. is a Canada-based growth stage exploration company. The Company is focused on opportunities for high grade polymetallic deposits in the Yukon, British Columbia and Newfoundland. Its polymetallic silver-lead-zinc CRD prospects in the Rancheria Silver District include the Silver Hart Deposit and Blue Heaven claims (Yukon), Amy and Silverknife claims (British Columbia). Its... see more

TSXV:CMB - Post Discussion

CMC Metals Ltd > Silver spot price is well out of whack............
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Post by ggrellette on Feb 17, 2022 1:40pm

Silver spot price is well out of whack............

to the normal ratio of Gold to Silver. The ratio of 1 to 50 at this point when gold is @ $1900.00 is a spot price of $38.00. Today price is $23.00 to $24.00 which means the talk on the street will entail the term "Silver is Undervalued" which would cause a move in the spot price which in turn should move the silver sector.
Comment by Beverk on Feb 17, 2022 2:01pm
To sum it up, things can only get better :-)