In most cases companies would have hedged thier silver price in advance, so for silver companies currently producing the rise in the silver price wudnt have a direct incluence on price.
I think with svl (who are still identifying thier resource base) , we have the advantage of the producing with an environment of higher silver prices. In fact silver is still lagging its historical price relationship with gold and is likely to rise much much more (and on the verge of breaking out of its rising channel)
im no pro, but jst my thoughts
(and to say companies havnt increased with silver prices is bit wrong nyway, with svl, ayn, ccu, all up recently)
SVL Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
