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Re: stockguy1234 post# 35714

Thursday, 03/31/2011 11:40:33 AM

Thursday, March 31, 2011 11:40:33 AM

Post# of 102667
Right now there is a silver shortage due to paper silver contracts and excessive shorting. Silver might continue to up for a while and then stabilize or even go down some. Basin Gulch won't come in as a large mine for 3 years even if they begin small scale mining this year. There's still plenty of time left for silver to go up. I would think that DGRI will only mine enough silver to cover the shortage to keep the price up. However, the US could again stockpile silver so DGRI could produce a surplus without affecting the price.

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