SVL 4.17% 10.0¢ silver mines limited

Ann: Notice of Extraordinary General Meeting/Proxy Form, page-35

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  1. 3,149 Posts.
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    A few days ago, I laid out the bullish case for gold and why I believe it will be one of the best performing assets over the next decade. I see even more potential in the silver chart (see below).

    1. Prices hold support above $16.20 and breakout above $18.50 later this year.
    2. Prices fail to hold $16.20, consolidate a bit longer and breakout next year.

    Either way, the multi-year base at $14.00 represents a long-term bottom that should hold. With gold breaking above $1400, it’s likely just a matter of time before silver begins to play catch up. When prices break higher, I expect an initial run to $26.00. Longer-term, we see silver exceeding the $50 all-time high and entering a parabolic advance above $100.

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    AG Thorson is a registered CMT and expert in technical analysis. He believes we are in the final stages of a global debt super-cycle. For more information, please visit here.

    Yes I don,t know why people keep selling SVL at 12 cents!
 
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Last
10.0¢
Change
0.004(4.17%)
Mkt cap ! $150.8M
Open High Low Value Volume
10.0¢ 10.5¢ 9.7¢ $1.094M 10.98M

Buyers (Bids)

No. Vol. Price($)
5 243186 9.9¢
 

Sellers (Offers)

Price($) Vol. No.
10.0¢ 21680 2
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
SVL (ASX) Chart
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