USL 2.44% 20.0¢ unico silver limited

Ann: Bonanza silver at Malvina- 14m at 8.7gpt Au, 2541gpt Ag, page-11

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  1. 452 Posts.
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    I got into E2 because of gold and I am still very happy with the great results for this metal. I know next to zip about silver but some basic searches indicate that the price for silver will go up with increasing demand, solar panels, electric vehicles, medical etc all needing more of this metal. More importantly increasing inflation and world instability drives investors towards precious metals. It seems 125g/ton is average ore for a profitable mine. 14 metres at 2541g/ton looks amazing in light of this. I also suspect that the sell off is the remnant of Donahue and/or associates exiting. To me it doesnt make economic sense but there may be a bit of bruised ego motivation. With the amazing results so far in a known resource rich area, surrounded by established and very rich deposits its reasonable to expect a much higher sp in the near future and a possible God father offer from our neighbour. I am in for a few more at these prices.
 
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Last
20.0¢
Change
-0.005(2.44%)
Mkt cap ! $87.28M
Open High Low Value Volume
21.0¢ 21.0¢ 20.0¢ $398.4K 1.950M

Buyers (Bids)

No. Vol. Price($)
5 118249 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 29895 2
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
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