Pick #2: The Perfect Silver Stock
This company is one of the world's largest primary silver producers, with operations in North and South America and Australia. During 2008 the company produced 12 million ounces of silver, and anticipates a 66% jump in production this year to 20 million ounces.
Their new mine in Bolivia, the world's largest pure silver mine, began production in June 2008, and commissioning has just commenced of a second world-class silver mine in Mexico.
We believe the company has just reached a major turning point in its fortunes. We are very excited about the future prospects for the price of silver, as it serves 2 important purposes…
1. As a hedge against rising inflation.
2. As a strong play on the global economic recovery.
In summary, this company remains our preferred silver exposure and one of the sector's best growth stories. As such we were very happy to recommend it as a BUY to our Fat Prophets Members.
Pick #2: The Perfect Silver Stock This company is one of the...
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