Ann: DGO: Pernatty Drilling Results, page-185

I think at $50 silver we would be around 30-35 cents. I also think by the end of the year silver will hit $30 and IVR will be trading around 12-15 cents (assuming no further discovery). If there is a discovery then could be upwards from 20 to 30 cents depending on how big the discovery is. If the FED gets to aggressive stocks may crash and silver will fall with it initially but if the FED reverses course and starts cutting and QE then $50 silver is not out of the cards. If silver goes over $50 (even though I know you think FOMO is none existent in AUS) I think FOMO could set in and we could see IVR reach 40 - 50 cents. That would require a silver price above $60. Just my thoughts.