macmin - huge potential, page-6

re: macmin - huge potential phil Whilst I expect silver to continue rising in the future, there are a couple of things I wish to comment on. Firstly, whilst it's true, official COMEX and LME warehouses are lighter on silver than previously, other. unofficial, w/houses may hold large amounts. Buffet, for ex. has taken delivery of large quantities. I presume that they are still housed somewhere. Agree he usually isn't a short term trader, but the silver is still there for his use. Other cluey investors like Soros,also invested heavily in silver, but where they took physical delivery, I don't know.

Secondly, I'm not sure MMN management have right credentials to take maximum advantage of their assets. Finding ore is one thing, developing a mine is another. Example of their laxity: why didn't they pre empt, to some extent, this obvious rise in silver price, and be way further down the road of a feasability study