Hi Goldie, 2020 and others IVRers, Some data I found on annual mined Gold and Silver around 2017/18 Total Silver ounces 885,800,000 Total Gold ounces 80,376875 Equates to 11.02 Silver ounces to 1 ounce gold mined. Possible price silver $143.375 to Gold $1580.00. Now we know this is not going to happen any time soon, but it would be nice to see it back at say 55 to 1 That would give us silver at $28.727 to Gold $1580.00 I know these are only numbers and the fact is we got what we have at present 99.6 silver ounces to 1 ounces gold. IMO at the moment with the Coronavirus spreading around the world nothing much is holding value and there is every chance this will tip the world into a recession like we have never seen for a long time. At this point IMO precious metals will then become the wealth factor and people will BUY, BUY, BUY. . Then Precious metal prices will sour to great new highs maybe Silver $143. Good luck to all long term holders and keep dreaming and don't give up on Masslins. We will know of its potential when our guys find the ore body, Hang in guys DYOR Regards ***
IVR Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
