Show me the money!!!That's what institutions need to see.Once...

Show me the money!!!

That's what institutions need to see.

Once profits are announced and future is set in concrete institutions throw away the cloak of timidity and can justify moving in to a company.
That is where CCU is going.

Have indicated the first pouring of silver announcement would not be of great consequence as has been well anticipated.
The nice flurry of share price was enjoyable however.

Third quarter profits will not be earth shattering either as ---
1. Production process will take months to ramp up.
2. Silver produced will not flow into sales spontaneously so will lag behind production.
3. Much of the quarter has already passed before first pour.

Fourth quarter profits will be the psychological game changer.

Of course the price of silver can impact on CCU share price to a great extent.

Have not the fainted idea where the price of silver is likely to be in the near future.

A world financial downturn is likely to lead price of silver down.
When money is in short supply and stress prevalent spending money on silver is not the way.

That might however put the machinery of PM into gear but needs added fuel and time before a take off in price.

Cheers

Vidi