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Re: Montanore post# 2491

Friday, 07/16/2010 1:12:14 PM

Friday, July 16, 2010 1:12:14 PM

Post# of 17231
Let's Look At Silver back to August 1979 where
silver were trading -




Look closely and you will see silver in August 1979 was
around $9.50 an oz and in six months spiked up
to let's say $45.

The multiple here being 4.73 thus outperforming gold
in this time frame.

The point is that gold and silver can soar greatly in a very
short period time and we believe this could very well happen
much sooner than most investors and analysts would expect.

Silver Projection

With the multiple of 4.73 for silver and a current price of
$18.30 we could see silver spike up to $86.56

Gold Projection

Taking the above multiples and using a current gold price
of about $1,210 we could see gold spike up to $3,424.


We realize these projections are difficult for many to believe
but the markets have the ability to turn on a dime and we
believe there is better than a 50-50 chance once again in
this August 2010 to January 2011 timeframe for a major move.

Somewhere in this move the PM shares and of course and warrants
trading on those shares will be exploding upwards in price.
by Pierce Baker
--

Since April this year, silver has found support around $17.50/oz
and resistance at $18.50/oz and again at $19.50/oz.
Currently, the market appears to be consolidating at around $18/oz.
With such bullish fundamentals, these price dips towards $18/oz
should be used as buying opportunities.


Got PM's Ag USA/USSIF silver mine penny play smile
great profitable silver mines dd.. smile ..

http://www.us-silver.com

http://www.us-silver.com/s/Projects.asp

http://www.us-silver.com/s/PhotoGallery.asp

http://www.us-silver.com/i/pdf/CP_Jan2010.pdf

The historic mining town of Wallace
(population 960) is nestled beneath Interstate 90,
halfway between two ski and recreation areas
in northern Idaho's beautiful Silver Valley.

http://wallace-id.com/

Sierra Silver Mine Tour -

http://silverminetour.org/

USSIF/USA's agenda priority should be to establish the
control of at least 51% of the outst. shares -

so the khazar's 666 bolsheviks banksters gangsters -
have it more difficult to destroy, plunder and rob -
the companies hard asset values and put the miners and
shareholders in their super red bloody slavery chains etc.

USSIF/USA's shareholder we should all be encouraging the company
to look at buying shares back
and all the way up -
while the silver Ag price is below $30 per ounce -
and the USA/USSIF share are undervalued and oversold -
its a great opportunity of USSIF below -
a fiat$/sh to start the buy back -

"U. S. Silver
generates 6% of U.S. silver production from its
Galena Mine and Mill.
The company's holdings are a combination of fee land,
patented mining claims, unpatented mining claims and mining leases.
As of 2010, it is profitable, carries no debt and produces silver
at an average cost of $11.50/oz.
With completion of rehab efforts/opening of the Galena shaft,
the company can now move ore from two shafts.
Two distinct ore combinations are present—a lead/silver ore and
a silver/copper ore. . .With both shafts now operating,
the company expects to produce 3.3 Moz. Ag (not silver-equivalent)
in 2011.
Current production is running at about 2.7 Moz. annualized."
David Morgan, Morgan Report (07/06/10)

Note.,
Silver’s Historical Correlation with Gold Suggests A Parabolic Top As High As $714 per Ounce!

http://bit.ly/amlq52


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