Yeah the head and shoulders pattern silver did play out with 26.61 being an approximate bottom. Silver starting to show some strength. Gold may have turned around? Silver lease rates up for sustained period which is unusual and indicative of supply shortage,
Yeah good to see CCU have financing organized soon for 22 million. Great also to this will be a significant proportion of the 30 million capital costs required.
It seems lead recovery can be taken advantage of to a small extent you would say. Lead recovery stated in yesterdays announcement to be 20 %. I assume this is not crash hot and know nothing about mining lead. However at least some extra cash can be generated from taking into account lead.
Should be a good day for CCU today you would think. I managed to get a piece of 52 cents and 53 cents yesterday!!!
Ummmmmmmm, silver spot is starting to show signs of turning the corner. May well be wrong.
CCU Price at posting:
53.9¢ Sentiment: Buy Disclosure: Held
