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Gold/Mining/Energy : Silver prices
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To: chevalier who wrote (1628)2/2/1999 1:49:00 PM
From: Carl Loscerbo  Read Replies (3) of 8010
 
Ari, you're right about silver stocks.

I have been following PAA-T, as a pure silver play. In mid-January, with silver around 5.20, the stock was trading at 9.50 (Cdn$).

Today, with silver approaching 5.40, PAA is trading at 7.95! I understand PAA's recent financing may be playing a part, but I find this amazing nonetheless.

Does anyone know: is it typical for silver stocks to lag a price surge in the metal price?
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