SVL 2.56% 19.0¢ silver mines limited

Ann: Annual General Meeting Presentation, page-3

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    The commercial applications for Silver are the very reason for the disconnect in the Gold/Silver ratio. The more applications Silver has, the less it will track Gold as a currency. Ie; At some point valuation will reach a point that it becomes too expensive for the commercial applications viability, henceforth the demand drops. Leverage for the manipulators!

    The argument that Silver is more portable as a currency than Gold is rubbish. You simply produce/sell Gold in smaller measures albeit at a premium.

    All that aside. The presentation is an excellent document, and was well presented at the AGM. SVL has as much chance as any of the other ASX hopefuls of getting this thing up. But for now it's no more than a play on the Silver price.
 
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