SVL 3.23% 15.0¢ silver mines limited

silver to lead commodity bull run next year, page-12

  1. 2,882 Posts.
    Note that SVL is mentioned in this article as a stock that you should watch out for in 2011. Surprised they didn't include TRY also.

    NEW YORK (Commodity Online): As bullion prices continue to soar, there is a silver lining shining among commodity stocks: silver mining stocks. Driven by the huge investment demand for silver and increasing confidence in silver as safe haven asset are set to propel silver mining stocks to record highs in 2011.

    Bullion analysts are bullish on silver mining stocks for 2011, as they argue that since silver is an industrial as well as precious metal, investing in silver mining stocks makes lots of sense.

    ?Silver companies and silver mining companies are safe bets for investment in 2011. Silver stocks have performed extremely well in 2010. Mining companies that produce silver around the world are bullish on growth thanks to the unprecedented industrial demand for silver these days,? says David Wilson, a precious metals analyst.

    According to him, investing in silver mining stocks is the best bet to diversify one?s investment portfolio into precious metals industry.

    On Monday, silver closed in New York overnight at $US29.36 an ounce - and it is now well over 30 per cent up on what it fetched at the beginning of October. Silver has also closed the gap on gold. The gold/silver ratio, which has been around 65 (that is, an ounce of gold being worth 65 times more than an ounce of silver) is now around or under 50.

    According to a report from BNP Paribas, silver investment demand has been very strong in 2010 with physical exchange-traded funds increasing their holdings by 11.1 million ounces of the white metal. Sales for 2010 of the American Silver Eagle Bullion coins are going on strong these days, driving by the investor appetite for silver coins.

    In the last few months, several silver mining companies have announced big growth plans. Those silver mining companies include Silver Mines (SVL), [X posting removed] these companies have exciting results on silver mining projects, and analysts expect that these stocks would boom in 2011.

    Some of the silver mining stocks that you should watch out for 2011 are the following:

    ? Silver Wheaton (SLW)

    ? Silver Standard Resources, Inc (SSRI)

    ? Coeur D Alene (CDE)

    ? Hecla Mining (HL)

    ? Silvercorp Metals (SVM)

    ? SilverCrest Mines (SVL)

    ? SilverMex Resources (SMR)

    ? Silvercorp Metals Inc (SVM)

    ? Pan American Silver Company (PAA)

    There are several small and large silver companies whose stocks are doing extremely well in the United States, Canada and Australia. Ideally, bullion analysts suggest, investors should look for silver companies that have long-term potential mining projects.

    ?Do your research on before you decide to invest in any silver mining company. Silver mining stocks are sure to set glitter in 2011,? adds Wilson.
 
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