I agree with Graze , on your comments NK , if you remember, the price of silver strangely enough went up when JpMorgan , Citti bank and co where being accused of price manipulation , and the US equivelant of ASIC commence investigating their activities . The jury is still out although the out come was that their activity could not really be proven in a court of law.
However the strange thing was that during this time sliver started to steadily go up , NK call it what you will but I still believe that it had some thing to do with it. Whether to. Silver price every reaches $100 oz I don't really know , but what I know is that generally the silver price to gold ratio on as averaged around 40 to1 since the early 80's. Therefore even if gold was at $1,250 oz , on that ratio it should be at least $31 oz of silver . I will take that any day . NK, I am not sure where you have come from all of a sudden, as I have looked up your past Threads , and note that you have only started to comment of CCU over the last few days, prior to that your comments are related to gold stocks as you have eluded to in your first thread..
The question will gold out perform silver as an investment , there are argument s for both sides , but I believe , and this is my oppion only sliver needs to catch up to that 40 to1 ratio in general terms . As far as CCU is concerned you are correct in saying that the production has to be maintained and I think it will once the Ball Mill is in place . Then only after at least a quarter of full production will we know the true cost of production.
The conspiracy theorist in me thinks you are either "Flats or Swill" coming back with their negative comments of trying to push the CCU price down.
Good luck with your investments .
CCU Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held