We’re seeing more movement in the gold and silver pricing, this time with some divergence, as the gold futures are currently up $86, while the silver futures are down $1.40.
Relative to the Dow’s valuation, you are paying the same as in 1972 for an ounce of silver. Only when priced at $2785 per ounce would it be priced at the 1980 high in terms of the Dow.
CEO Iwanaka: "Securing this additional ground now ensures we control the majority of the prospective extensions of the Great Western Fault's mineralized corridor as we continue drilling."
CEO McDonald: "These three deposits are well positioned to be quickly advanced with silver experiencing a nominal record high of $94.09 per ounce driven by a multi-year supply deficit..."