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A mining company which operates its revenue from the sale of silver. The Corporation is actively pursuing further growth opportunities, primarily by way of entering into long-term silver purchase contract.
This will prove to be an outstanding year for SLW and Silver in general, IMO.Not only are the points made above still in play, but the typical ratio between Gold and Silver are very far apart and historically disproportionate. I would look for Silver to rise to fill that gap rather than Gold dropping as much as it would need to, to fill the gap.SLW will be a net beneficiary of this market adjustment. Who knows what the new normal will be but the current ratio > 55:1 is not sustainable.
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