It was a very important day because both gold and silver have finally smashed through two critical levels, $4,000 and $50.
The silver spot price rallied another $1.16 to $54.15, leaving London spot trading 72 cents over the Comex futures.
As a quick reminder to keep our eyes on the prize: silver, both in futures and spot markets, has now officially broken above the critical $50 level.
CEO Weber: "We have successfully tested the strike extension on sections to the northeast as well as to the southwest. We have yet to receive analytical results from the initial holes.."
Demand for silver in India began to surge earlier this year after the white metal zoomed to new all-time highs in rupee terms.
Gold has climbed more than 50% in a year, and silver has broken through levels not seen for more than a decade.
The price of silver has soared partly due to a massive, short squeeze and a shortage of available silver in London.
