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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (1979)7/1/1999 1:32:00 PM
From: Alan Whirlwind  Read Replies (2) | Respond to of 8010
 
Hi Claude,

Well, UKH actually was once worth $4 Canadian a share not really so long ago. If Murphy and others are right about $8 to $10 an oz silver, the ore UKH has will be worth$$$$$. Now I know that UKH merged recently with another company more heavily into gold holdings. However, the two properties are closer together and can be mined together. A metals rally will send this one. It's still heavy into silver and quite cheap.

SSC at 3/8 is a 10 bagger at $8 silver if the price is sustained there. They have had recent drilling that has considerably increased their total ore proven and their ore is cheap to mine so any rise in silver will boost their profits greatly. I have mostly the warrants. At 1/8 they are a steal.

I had some PTHR but sold a bit more than half after a solid double. The company has since went internet after reverse split. I believe they still have a mining property but it needs $7 silver to mine it.

I still have my CFTN which I traded once to pick up extra shares, unfortunately, the stock tanked after I bought back in.

I'm sure any of the mining plays mentioned on this thread will respond in a huge way if we move above $8 an oz.
Since I'm a rookie in these things compared to you, I also picked up just plain old cheap US junk coins. I have lots of 40% silver halves in beautiful shape--nobody wants them. --Al