My take is the share price rise at present has all to do with the silver price rising which has now spiked up to $35.61 US. Again, my take is that the passing of Trumps tax and spending bill through the US congress has caused a few additional rumblings in the US bond market. Since the Tariff announcements there has been a fair bit of volatility in US Bonds. The amount of US debt that needs to be rolled over in the next 18 months is scary, given the new interest rates will be much higher. Musk called the tax and spending cuts an abomination. Morgan's expect a 9% drop in the US dollar in the next 12 months. Trumps Liz Trust moment is coming. The tremors are there. The Bond vigilantes are coming, it may be 12 months away, it may be two years away. Sprott investing in IVR a clear sign that they know what is coming hence they have gotten in early. Silver much higher from here. As for the capital raise, one is coming but I suspect after the DFS is released which will be after the new MD starts. I hope and suspect it will be favorable to give him some initial momentum. My thoughts only.
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