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Re: basserdan post# 594

Tuesday, 01/15/2013 6:21:25 AM

Tuesday, January 15, 2013 6:21:25 AM

Post# of 981
basserdan nice post. obviously the money doesnt see aunff going lower at this time. in actuality it is though. i don't understand why aunff is not following silver prices like yesterday. i do see that all miners were basicly down despite the rise in PM'S. at this SP this is a gift IMHO. like you said barring a catastrophe aunff can only go one way. that is up!!! waiting for next PR i think it will be an eye opener for the street. if production is on course or as i suspect above preliminary guidance what out. i dont know how long the suppression of silver prices can go on. the banks and government are doing a great job of keeping it down. i think if we hit fiscal cliff within a month or so, as obama said "interest rates will rise" that will be the catalyst for people to call for there physical silver and unearth a tremendous shortage of physical bullion, which cannot be delivered. there just is not enough silver to spread around. then the tremendous short position's by the jp morgans of the world will give us the opportunity to see what silvers real value should be. aunff should reflect this, and if all that happens the SH will be sitting pretty. i believe aunff is still currently a very strong buy. i see no negatives, no downside, if anyone does please point them out to me. ***PS-the next board meeting concerning the water issue will be held on jan 17. hopefully a nice catalyst for us.
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