Amarillo reports since the closure of “La Mina Grande,” the richest silver strike in state history, the settlement between Marfa and Presidio has been pretty slow. Shafter was once home to 1,500 people, as well as saloons, schools and retail businesses. It is now little more than a picturesque jumble of rock and adobe ruins, with a [...]
Read the full article: "Silver may save Shafter"
Friday, August 29, 2008
By Melissa Pistilli – Exclusive to Silver Investing News Despite setbacks this last month, the long term outlook for precious metals is still bullish given rising inflation concerns, increasing physical demand, and rising geopolitical tensions. In recent days, a weakened dollar and rising oil prices have led to gains in gold and silver. This morning [...]
Read the full article: "Silver’s Future Still Looks Bright"
Thursday, August 28, 2008
The Market Oracle(Editorial) reports since gold and silver prices have gone down and all others including Ted Butler, Rob Kirby, James Conrad are all blaming manipulation. Mike Shedlock explains the conspiracy. Let’s take a look at those manipulation theories starting with Ted Butler. My comment: That is a rather interesting statement. Gold and silver did not act as [...]
Read the full article: "The great gold, silver price manipulation"
Thursday, August 28, 2008
Oro Silver Resources reports its subsidiary has executed a binding Letter of Intent establishing the terms of an option to purchase six concessions from Exploraciones Del Altiplano S.A de C.V. The acquisition terms require Oro Mexico to pay US$10,000 and 75,000 common shares of Oro Silver within 10 business days after the signing of the LOI, followed [...]
Read the full article: "Oro Silver signs binding LOI to acquire 6..."
Thursday, August 28, 2008
Hecla Mining Company’s Board of Directors report by unanimous written consent to declare a quarterly dividend of $0.875 per share on the outstanding Series B Cumulative Convertible Preferred Stock. The cash dividend is payable October 1, 2008, to shareholders of record on September 15, 2008. There are a total of 157,816 shares of Preferred B Stock [...]
Read the full article: "Hecla declares preferred dividends"
Thursday, August 28, 2008
Silver Falcon Mining, Inc.reports opening of their new head office in Manhattan. On October 1, 2008, Silver Falcon Mining, Inc. and GoldCorp Holdings Co. will open their new headquarters at 1385 Broadway Ave., Suite#1109, New York, NY 10018. This new Manhattan office is within walking distance of the world jewelry headquarters, and can be reached at [...]
Read the full article: "Silver Falcon reports new headquarters in..."
Wednesday, August 27, 2008
Paramount Gold and Silver Corp. reports it has signed an agreement to acquire 100% of its San Miguel project in Chihuahua, Mexico. Paramount Gold and Silver Corp. (Paramount) will purchase the remaining 30% of the San Miguel project from Tara Gold Resources Corp. for all stock consideration of 7.35 million restricted common shares of Paramount. CEO [...]
Read the full article: "Paramount Gold & Silver acquires San..."
Wednesday, August 27, 2008
Seeking Alpha(Editorial) reports on the silver conspiracy and its recent trading. Yes it does coincide, but the same kind of COT silver open interest chart, when looked at from a longer time span, shows that there isn’t really much you can read into a short-term position. I’ve scribbled on this chart underneath……. For complete editorial, [...]
Read the full article: "Sorry, there is no silver conspiracy"
Tuesday, August 26, 2008
By Melissa Pistilli – Exclusive to Silver Investing News Although the price of silver has seen an almost 40 per cent drop recently, holdings in New York’s iShares Silver Trust, the largest silver-backed exchange-traded fund, have soared 308.839 to a record 6,474.04 tonnes of average 1,000 oz silver bars since August 15. That silver ETF has consistently seen more buying [...]
Read the full article: "ETF Gains Positive for Silver"
Tuesday, August 26, 2008
Silver Dragon Resources Inc. reports progress of its ongoing comprehensive exploration program at Liangdi project. The tunneling project PD1 has further revealed the extensions of mineralized bodies No.4, No.5, No.6, No.7 and No.8 (see Figure 1). In particular, the length of the indicated part of mineralized body No.6 is now 120 meters, and that of No.7 is 80 [...]
Read the full article: "Silver Dragon updates progress at Liangdi"
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Friday, August 29, 2008