Junior miner spikes on silver results
Andean Resources (TSX: T.AND) shares surged 34% to 95 cents on Wednesday after the miner reported results from the ongoing 2008/09 drill program at its 100% owned Cerro Negro project in Argentina, which included 32 meters of 34.6 grams per tonne (g/t) gold and 214 g/t silver.
Jaymie
Is silver primarily an industrial metal or a monetary metal? The Stock Research Portal Blog – http://www.stockresearchportalblog.com/2009/02/silver-current-price/– doesn’t think so. In response to this article – click here http://seekingalpha.com/article/119248-take-a-look-at-silver?source=article_lb_articles – which argues that silver looks to be a better investment than gold, SRPB comments, “I do not purport to understand technical analysis, and personally do not rely on it or those who comment on it.” But, nevertheless, “I am unable to get comfortable with the supply/demand silver equation in current times of base metal extraction reduction (a large part of the ‘new annual silver supply’ coming from that source) and the reciprocal side of the equation.”
Via Stock Research Portal (http://www.stockresearchportal.com/index_lp.asp)
February 10th, 2009 at 1:58 pmHow does everyone judge silver? short term or ong term, thanks.
Jaymie
I been reading on silver lately in search of opportunities, according to an article on SeekingAlpha.com, silver may be a better “technical” bet than gold – click here http://seekingalpha.com/article/119248-take-a-look-at-silver?source=article_lb_articles. The Stock Research Portal Blog – click here http://www.stockresearchportalblog.com/2009/02/silver-current-price/
February 11th, 2009 at 11:18 am– comments, “I am unable to get comfortable with the supply/demand silver equation in current times of base metal extraction reduction … the reciprocal side of the equation, being what have to be current reduced levels of industrial demand.” Furthermore, the Blog does not see “silver principally as an industrial metal” nor does it consider it “a monetary metal.”
Via Stock Research Portal (http://www.stockresearchportal.com/index_lp.asp)
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, I rate this post for 4/5. Detailed info, but I just have to go to that damn yahoo to find the missed parts. Thanks, anyway!
June 20th, 2009 at 12:57 pmp.s. Year One is already on the Internet and you can watch it for free.