I hold first majestic and i80 gold. Last night they went up 16% and 10% respectively. They both have been heavily shorted recently and both hold significant silver resources. Sound familiar? Let's see how Monday pans out for KCN
last week the guy who got me interested in silver in the year 2000, Jeff Christian of CPM group, became very bullish on silver. This is due to the rising investment demand which I believe will push silver over 40 with odds on spike over 50
at 40 NE may be worth more than Chatree...do the math. Of course it still needs capex.
the late great goldbull Jim Sinclair said "gold is money and silver is a game" which is why I always saw silver and silver equities as a trade . I have set my bets with bullion and silver plays and reckon the trade has about 2 years to play out. Game on!
Ross is a silver bull from way back. No doubt that is why he bought NE and Bowden's. Now maybe we get the reward.
KCN Price at posting:
$1.55 Sentiment: Buy Disclosure: Held
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