Hey all, I'm bullish medium to long term on Silver and thanks to the research some of you guys have posted I'm pretty convinced PMY is the stock to get some great leverage into that, plus the potential for further resources being added through exploration. I'm just concerned about some downward pressure on Silver in the absence of any Congress / FED stimulus due to the pre-election period and potentially a drawn out election result.
Does anyone have any views on what a 10% drop in Silver price could do to PMY's share price at the moment? I could just buy now and ride it out, but I'm being cautious (potentially to my detriment)
PMY Price at posting:
2.0¢ Sentiment: Hold Disclosure: Not Held
