Ann: Investor Presentation, page-171

I've been investing in silver and silver miners for a very long time, but I've only recently taken an interest in BML.

Although there have been a number of wild predictions about the silver price over the years, I believe that we are now at the start of what will prove to be a prolonged and progressive increase in the demand for and the price of this versatile commodity. As always there will be rises and falls, but the overall trend is what counts.

Although the published figures don't necessarily reflect the true story, anyone in or connected with the bullion industry will be aware of the enormous world-wide investment demand for silver, and industrial demand is on a strong upwards curve.

Australia has some quite large silver deposits, maybe not as large as some of the deposits in other countries, but I'm gradually focussing more on Australian companies as I believe that investments in precious metal miners here in Oz will be a lot safer than in other countries when the silver and gold prices really take off.

Sovereign risk is a term that could soon come into strong focus for precious metals,