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Re: Montanore post# 762

Wednesday, 10/07/2009 11:19:54 AM

Wednesday, October 07, 2009 11:19:54 AM

Post# of 929
Gold broke out to a new all time high -
While gold was up 2.05%, silver was up 3.98% -
almost DOUBLE what gold did.



Perhaps there is a reason . . .

Silver usually moves in tandem with gold,
but last year it fell more than gold.
Now it’s leading gold on the way up.
Silver still has a ways to go and
the current silver to gold ratio
stands at 61 to 1 and
the ratio is too high.
Silver is a buy.

Silver is too cheap compared to gold
and is a buy.
Eleven months ago it took 85 ounces of silver
to buy an ounce of gold.
Since then the ratio has come down
in favor of silver.
Now it only takes 60 ounces of silver
to buy an ounce of gold.
Silver is still too cheap compared to gold.
At the end of 2007 it took only 45 ounces
of silver to buy an ounce of gold -
are headed in that direction again.

Recently, the Chinese announced that they
are buying silver, and they are very savvy investors.
If China`s doing it, it won’t be long before
all of Asia follows.
Now is the time for you to buy your silver mine
while the price is still low while there is
oversold and undervalued shares to get -

A slow and steady rise would suit me.
Heck, a fast and steady rise is even better, though.
The key word is rise--this will snap up like a rubber band
eventually as silver climbs higher.
It has too--this company is a producer.
As it says on their splash page, the Galena Mine
ranks as the 2nd largest producer in US history!

The Galena Mine lies in the heart of
the Coeur d'Alene Mining District,
the most prolific silver district
in United States history
with over 1.2 billion ounces of silver production.
Throughout the long history of the Company's properties,
the mines have produced some 9.9 million tons of ore
containing over 200 million ounces of silver,
160 million pounds of copper,
and 22 million pounds of lead
at an average grade of 21.2 ounces per ton of silver,
0.8% copper
and 8.8% lead.
The Galena Mine ranks as the second largest primary silver
mine in US history.

Yes, I like to make jokes and complain,
but only to add levity to the board.
I'm holding for the big payoff some day.
Remember, he who laughs last....! smile



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

http://www.us-silver.com/i/photos/gallery/index.html

http://investorshub.advfn.com/boards/board.aspx?board_id=12388

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