looks like this stock may be going to run, page-87

Silver and Gold prices heading up in July is something that has not happened before. This period is usually known as the summer doldrums where traders leave their desks, volumes are low and prices stagnate. Instead, the trading houses have been caught sleeping at the wheel as their counterparts are driving this market on the physical side.

This is extremely bullish for precious metals as August is the start of the usual uptrend in spot prices as the Indian wedding season kicks in and the Chinese start buying for the new year. Add the raising of the debt ceiling and the inflationary pressures all over the world and you have the recipe for $2000/oz gold and $50/oz silver.

If SVL kicks in with news on their resource upgrade [indicated in quarterly to be released in July/August period], then i would reasonably expect the share price to rise. The head grades are too good to pass up as it gives so much leverage over the spot prices upon extraction. We will probably have another fight over the overhead resistance level at 40cps...but that will be breached too.

Its not a matter of "if" but "when". The start of August is just around the corner....