I do think silver prices are going to rise, because america keeps printing too many $, the world population keeps growing, industrial uses for silver keep on growing and the costs to dig it out of the ground makes it almost uneconomical to mine anywhere, demand is up and with copper production set to shrink silver supply squeeze will come eventually I am a patient man.
But most of all I believe in the supply and demand cycle, buy when it falls sell when it rises.
I also agree with you on mesa de plata, it's close to economical right on the high grade halo, so it won't take much of rise in silver prices for them to be making money hand over fist on a thick shallow deposit like that, but most over there can't see the forest for the trees.
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $233.7M |
Open | High | Low | Value | Volume |
15.5¢ | 15.5¢ | 15.0¢ | $278.9K | 1.819M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 553598 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 1413088 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 553598 | 0.150 |
24 | 2227062 | 0.145 |
48 | 3820271 | 0.140 |
34 | 1024794 | 0.135 |
27 | 805156 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 1413088 | 11 |
0.160 | 844067 | 16 |
0.165 | 736432 | 13 |
0.170 | 731143 | 9 |
0.175 | 812888 | 10 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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