Lead assay results from two silver-bearing samples of massive galena in cobble-size float at the Lodge Showing have returned 76.8% lead and 9.6% lead, respectively.
Results include 1.25 metres averaging 1,261 g/t silver, 0.74 g/t gold, 0.35% lead and 0.41% zinc starting at 179.5 m, within a larger 14.4 metre intersection of 231 g/t silver...
When you combine inelastic supply and inelastic demand with surges in both industrial and investment interest, PLUS the Giffen effect, you end up with an extremely bullish setup.
Obviously, this is another new all-time record high, and it’s stunning to see how quickly silver has moved from $48.60 on November 20th to over $60 less than three weeks later.
Silver prices are surging toward $60 an ounce. The white metal finally broke out to new all-time highs two months ago -- at least without adjusting for inflation.
