Steini....I know where you are coming from with your 1/3rd rule,...

Steini....I know where you are coming from with your 1/3rd rule, but disagree in a friendly manner on 1 principle....

The fact that when the sale price of the silver rises the cost of producing it doesnt increase....therefore the company makes a higher % gross profit, so with a higher %GP then the Share Price will most likely rise more than the standard 1/3 principle.

So your share price of 17c @ 50c an oz for silver is more like 21c according to my humble guesstimations.

I have been wrong before....just ask any 1 of my 3 ex wives....they will tell you....