Ann: Silver Mines Presentation June 2017, page-50

Most probably, gold will break out before end of this year. Once USD 1375 is crossed, we are looking at USD 1500/1800 in a year or 18 months time . Gold has formed a triangular chart pattern for the last few years, the upward break out will be violent and vertical and all previous supports during the slide from USD 1900 to USD 1050 over the last few years , will not now act as resistances this time when the upward breakout happens .Retail will just gawk and wait for downsides which will not come, they will just miss the train. There are precedences for this chart formation. If we see gold at USD 1800 in mid 2019 , silver should be atleast USD 28 or USD 30 per ounce. We can suitably decide what will be the price of SVL at that time. Just hold it and grin at all the silver bears , guys. I am very bullish on SVL and hold a good position and if it falls will not hesitate to add more .

If Battershill has come into SVL, all these guys know what is going to happen over next few years, they are all catching the train just in time. On the other hand retail are getting off the train. It is each man to himself now.