When you put the technical factors together with the fundamentals, there appears to be an extremely strong bullish case for silver with significant upside.
Support is now in the $28/29 region. As long as that holds, this set-up is projecting us to an ideal target between the $36.50-40 region in a very strong and relatively fast rally.
CEO Harris: "Outcrop Silver is committed to dramatically expanding resources at the Santa Ana Project efficiently, necessitating an expanded exploration southward..."
We need silver to assume leadership, and it still needs to take out $31.50 to tell us new highs are ahead. Silver has support here at $29, but below that we could fall to $28.
