The bottom line is that no one really knows what the future holds for gold, silver, and the rest of the commodity complex. But one thing is clear, and that’s the direction of the trend.
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..."
