The closing fix in Shanghai shows the spread from New York almost doubled… And given that Shanghai is physical market, that’s closer to what the real physical prices is than the comex futures or the London spot…… So it seems that even with price Of silver rising as quick as it has, the buying pressure for physical is rising faster.. The afternoon close in Shanghai was 87.09 .. The spread now Stands right at 9 Dollars…
Buygold
Especially if not by next earnings. Hl once did really well with the run up to 1980 highs with different datas showing 38 and 50 a share at lower phyz prices than now.
Looking at earnings estimates for HL and AG
Earnings for Q4 estimates for Hecla is $.12,
Q4 for First Majestic is $.14
Both seem light, really light.
If those two companies don’t smash or somehow find a way not to beat those earnings, they’ve got serious problems.
Mr Copper
Hard to read on my phone can only see part at a time. . Ill sell before one, the few times they came up what I saw was they might go up in price but then go back down
You have more of it. So they’re not saying by how much since that comes out to almost 1 1/2 times more or how many shares the other company will add. I might have to check my mail. I didn’t want to have to trade any shares for awhile. Thanks for the info.
