Whilst I'm not sure 'the herd' has even begun to 'get on board' yet, there is definitely some leverage to Price of Silver with IVR (and even more leverage with IVROie the options).
Generally in the past, silver has been a little late to the precious metals party, which is only just beginning. But when it does, the move tends to exceed the moves of POG. Who knows this time? POG has broken out, and Silver looks close now.
The company PFS shows the feasibility with Paris will probably work at US$18..
Now the price POS is closer to US$27, one would think has to make a pretty good case for mining.
If/when Silver hits US$30+ (which many many precious metals pundits now believe is inevitable) then multiplier effect and free cash from mining is pretty exciting.
Some even talk of US$100+ in time.
There is also a mismatch in silver supply/demand that I believe will only get worse (better !) with the world demand for silver in solar panels.
This is not to detract from your interests. I look forward to that taking off as well for you.
Whilst I'm not sure 'the herd' has even begun to 'get on board'...
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $83.94M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.4¢ | 5.3¢ | $100.6K | 1.892M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 325625 | 2 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
5.3¢ |
Change
0.000 ( 1.92 %) |
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| Open | High | Low | Volume | ||
| 5.3¢ | 5.4¢ | 5.3¢ | 446860 | ||
| Last updated 15.34pm 15/05/2024 ? | |||||
| IVR (ASX) Chart |