Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (9618)	4/24/2006 8:57:41 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 78416

Couple days worth just to prime the pump. -g- maybe they'll contract with SLW to buy all their production at market. That's 15mm oz/year.

To: loantech who wrote (9618)	4/24/2006 10:10:46 PM
From: regli	Read Replies (2) \| Respond to of 78416

Basically just the minimum number of ounces for them to get started, just exactly as expected. However, once it starts trading the real buying will start. Even CEF has 30+ million ounces with even more on the way and a significant number of CEF shareholders will jump ship at first sign of trading. In addition, now institutions and investors who hesitated to invest in CEF because of the tax uncertainties or were worried about the filing issues will now jump in. Obviously, CEF will not sell any so this is all new demand. Also, this is an excellent indicator that trading in SLV will start very soon. For silver users the urgency to secure silver will only increase now IMO. A very nice setup from my perspective.