sharetrader
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  1. #29
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    Join Date
    Mar 2009
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    75

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    Sold 200,000 a few weeks ago at 1.8, though i was overbalanced. Bought MYL with proceeds, it has good exposure to silver, probably be a top 10 in world silver producing mine when developed. Market doesn't like MYL though, sovereign risk?
    Put the rest of my IVR, 500,000 on market at 2.5 yesterday but no bites. Am selling all my shares and having a break from market. This morning I read an article on silver at HC saying it is going to take off soon because JP Morgan and others will have to stop shorting as people are taking delivery on the Comex. If they continue to short they will lose all their silver. Gold and silver shorts have been losing big time lately. Am thinking of buying more IVR tomorrow, it closed at 2.2 friday.
    Should hear this week about what OZ will do with Maslins, presume they will proceed to next stage of drill campaign, be surprised if they are quiting after 2 drill holes.
    Silver price over $26 Australian.
    Last edited by zero; 11-07-2020 at 09:38 AM.

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