* article on silver ... "
Investigator Resources (ASX:IVR) had a shocker in 2018.An all-important metallurgical study found the flagship 42-million-ounce Paris silver project near Kimba would not be economic at prevailing silver prices.But Investigator now says the improved outlook for silver makes the project far more attractive.“Investigator Resources is well placed in the current market for buoyant precious metals prices with the highest grade non-by-product silver project in Australia,” the explorer says.“The Paris resource is a shallow deposit of high-grade silver that is amenable to simple open pit mining should it progress to development stage.”To press the button on development, Investigator would need a sustained silver price somewhere around the $28/oz ($US19.20/oz) mark, managing director Andrew McIlwain told *.“If the historic gold-silver ratios continue to head back to the 20-year average, then silver could reach around $40/oz — which is great outcome for all of us,” he says.“Obviously, gold has had a run as a safe haven investment, and I believe that will continue. I think silver is going to flow on the back of that.”
https://unauthorised investment advice/resources/silver-is-this-the-start-of-a-new-bull-run/?utm_medium=email&utm_campaign=*%20Morning%20Newsletter%20Fri%20Sept%2013&utm_content=*%20Morning%20Newsletter%20Fri%20Sept%2013+CID_7529bfeecd517191a0828dece91f35c5&utm_source=Campaign%20Monitor&utm_term=Silver%20is%20this%20the%20start%20of%20a%20new%20bull%20run
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