Silver Down on Euro Debt Anxiety
Concerns over the state of the European economy are prompting investors to seek liquidity and move away from precious metals like silver.
Concerns over the state of the European economy are prompting investors to seek liquidity and move away from precious metals like silver.
Vivien Diniz – Exclusive to Silver Investing News Monday morning, the price of silver to breached the $30 an ounce mark on the COMEX. The spot price for the white metal has reached its highest price in nearly 30 years. With mounting concerns over the euro zone debt crisis, investors are leaning toward the precious metal [...]
Copper Fox Metals Inc (TSX-V: CUU) intends to privately raise C$2,000,000 in funds in a bid to to complete the feasibility Study of the Schaft Creek deposit. The Offering is expected to consist of 23,188,406 units at a purchase price of $0.08625 per unit, for aggregate gross proceeds of $2,000,000. Each unit consists of one [...]
Overview Endeavour Silver Corp. is a Canadian based silver mining company focused on the growth of its silver production, reserves and resources in Mexico. Since founding in 2004, production has grown to producing 2,340,000 ounces of silver (plus gold) in 2008, proven and probable reserves of 9.5 million ounces of silver equivalent (Ag-Eq), indicated resources [...]
Although silver experienced a strong run during the first quarter, Fortis Bank/VM Group announced that the silver price appears to still be in something of a no-man’s land. For full story, click here
Milner Consolidated Silver Mines Ltd. declared that options to acquire a total of 111,000 common shares of Milner at an exercise price of $0.11 per share expiring on May 3, 2014 have been granted to three directors of the Company who are not also officers. For full story, click here
As the Big Markets, the big equity markets, continued to give bears heartburn over the past two weeks; as base metals enjoyed a kind of price renaissance, pushing higher despite troubling economic news; gold and silver have continued to correct lower. For full story, click here
Overview BacTech is a publicly listed Canadian company with its shares quoted on the TSX Venture Exchange (Symbol: BM). The Company owns proprietary bacterial oxidation technology that liberates precious and base metals from difficult to treat sulphide ores and concentrates. Bacterial oxidation is a safe and environmentally friendly process. It has the advantage of improving [...]
Silver is in a bull market and hasn’t seen any overly enthusiastic investment yet. The price rose sharply over the past few years, from $5 in 2002 to over $20 today. For full story, click here
In European folklore, silver is believed to have saved the lives of many people who were attacked by vampires and monsters, now this metal has the power to give investors good returns. And going forward, it is expected to outperform gold in terms of price appreciation. For full story, click here
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