MKS forecasts $18/oz high for Silver in 2007 -
By Jon Nones
16 Jan 2007 at 03:45 PM
Switzerland-based MKS Finance forecasts that Silver could post
a high of $18/oz in 2007, noting an average $13.75/oz with
a low pegged at $12/oz.
But MKS expects Silver to prove just as volatile this year
as in the last:
“The launch of a Silver ETF last year and the broader
speculative and investment interest in Silver shall enable
the metal to trade more and more like a financial asset
rather than a ‘pure’ industrial commodity,” said MKS
analyst Frederic Panizzutti.
“We believe the industrial supply and demand balance to
prevail in 2007 but expect the fresh inflow of investments
assets to somewhat tighten the physical availability over
time and result in short lived but ample upside rallies.”
He added: “while we forecast Silver to move toward $18/oz
during the course of the year, we do not see Silver being
able to hold this level for long.
This year again, Silver shall remain one of the most
volatile and unpredictable precious metals.”
resourceinvestor.com
FMNJ - Cerro Rico INCA Mine -
was recently estimated to be -
The World's fifth Largest Undeveloped Silver Deposit -
(http://gold.seekingalpha.com/article/23676) -
still only shallow drilling has been performed -
Owned by the Mining Corporation of Bolivia (COMIBOL),
Franklin's agreement was signed in 2006 and guaranteed
by Bolivia's Minister of Mines and Metallurgy,
Walter Villarroel Morochi, in July -
Franklin hired Z&H to do the plan -
and Behre Dohbear to advise, review -
and approve the plan -
zhengineering.com
dolbear.com
Additional information on Franklin projects can be found at
franklinmining.com.
About Franklin Mining, Inc.
Franklin Mining, Inc. has interests in the United States,
Argentina and Bolivia which include a wholly owned subsidiary,
Franklin Mining, Bolivia, as well as 51% interest in
Franklin Oil & Gas, Bolivia and 51% interest in
Franklin Oil & Gas, Argentina.
For Further Information -
franklinmining.com
Investor Relations:
Mr. Andrew Austin,
1-702-386-5379
franklinmining.com
marketwire.com
A government feasibility study calculated -
on shallow drilling results -
subterranean mine burrowing into -
the Cerro Rico could produce -
266 million ounces of Silver over 25 years -
churning through 54 million tons of ore -
graded Ag at 182 grams per ton -
Eyeing the bigger load lurking in the lure of -
the Cerro Rico - mountain's interior, which
estimated at shallow upper chamber levels -
a minimum 250 million ounces of Silver worth billions -
of fiats remain for -
FMNJ Mission - with social majority resp. accepted -
in Potosi -
Rhodium $5005.- per ounce - Silver to follow -
kitco.com
Its a start - Silver above $800.- per ounce in 1477 -
gold-eagle.com
fig. the inflasion since - the Silver would be much more
than $8000.- per ounce today -
(if it was a fair market playingfield -
without ratchillz banksterz manipulated the market -
since the past 500 years) -
Are the lemmings following LT Bucky? -
U.S $ INDEX (NYBOT:DX) -
FMNJ - dd --
franklinmining.com
FMNJ - Cerro Rico - Inca - Potosi or “Rich Mountain” -
great bonanza periods have been reported for the quality
of the mineral, with ore contents between 1,500 and
9,000 Silver ounces per ton -
and est. reserves are about 938,130 kgs of Silver -
by very shallow drilling -
250,004 tons of zinc - by very shallow drilling -
dd --
The Worlds Richest Silver Mines -
has been mined for more than -
- 500 years -
Est. 1864 -
franklinmining.com.
investorshub.com
FMNJ - Mission |
