samuel, all true, but if you are buying it in the hope that they will discover more silver, then you are speculating rather than investing in a producer. Likewise if you are buying in the hope that they hit better grades.
If we have a market crash, silver will probably drop initially as some holders liquidate to meet margin calls in other areas. And then rise as folk realise that PMs are the only safe havens left. But ALL stocks will drop in the panic, even if silver goes up. Then it will be time to buy.
AYN Price at posting:
3.8¢ Sentiment: None Disclosure: Not Held