You are brave to be buying more based on the hope of silver over 26$ US.
I am also a holder and not trying to D/R or offend anyone. However if grades require $26us I would at least factor in an extended C&M plan until we see sustained high ag prices (years), as volatility would make it a dicey investment to initiate mining on spiking silver prices alone.
I am also bullish on silver, but I'm not sure it's sound investing $$ based on a price expectation that has only existed for perhaps 3 years in its history. I'm not saying it won't, I'm just saying I've been trying to predict silver pricing for a long time and found its easily and regularly manipulated. Bulls have been saying it SHOULD return to historical gold ratios for years, but alas it has not.
If silver does go on a sustained run, great. But I really think gold is our best chance for now.
ARD Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
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