TSXV:TK - Post Discussion
Post by
goldennorth on Sep 27, 2024 12:22pm
This Stock Should Ve Moving Up.
Within the Ayawilca Mineral Resources you have a massive resource of silver in the tens of millions of ounces.
This alone should pump up the price. Not sure why? But there is real probability here.
Silver price hits highest level since 2012, chasing gold’s record-breaking rally.
"The white metal climbed as much as 2.8% to $32.71 an ounce on Thursday, extending its gain for the year to 37%."
"In 2023, the silver market experienced a 15% supply deficit, and between 2020 and 2024, the market is expected to face a cumulative deficit of 1,093.4 million ounces." "Silver extended its strong momentum to reach $32.5 per ounce in late September, its highest in 12 years, tracking the strong momentum for other bullion assets due to bets of incoming rate cuts by the Federal Reserve." https://www.mining.com/silver-price-hits-highest-level-since-2012-chasing-golds-record-breaking-rally/? https://tradingeconomics.com/commodity/silver 
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