SVL to be $1 end of the year, page-4

sharetrader - i think you should compartmentalise your reservations about 'appropriate pricing'.

in my experience bull runs in commodities frequently see stocks valued at worth way more than their 'true value'. have a look at SYR or PLS in their first year.

sure yes - most of the oeople saying $1 price target appear to be retail bumpkins with no acttual rationale to their price target

but that is oreciesly how bull markets work - stock prices get quickly inflated by 'fools'. the skill is to know when the 'fools' rush begins and when it ends

and there are v crediblen, non- foolish people who see silver going to $40+ simply through normalisation of the GSR

the implied value for Bowdens at $us40 silver will I expect start to approach $400m+ - as long as market is also thinking the pruce is sustainable and potentially going higher

trying to talk rationality into stock pricing will never work. the key is simply to make any irrattionality work for you