Mer Sprott

[kristensson]

Nu är Eric Sprott på gång igen
Han uppmanar Silver producenter att ha sina tillgångar placerat i sitt eget silver i stället för att ha det som fiatpengar på banken.
Mig veterligen är det bara en silverproducent som gör så idag, låt oss hoppas att fler följer efter.

King World News reports today that Sprott Asset Management CEO Eric Sprott is urging silver producers to start treating their product as money by holding their cash balances in silver rather than in fiat currencies in banks with counterparty risk

[David]

Ord och inga visor Eric!

[kristensson]

Verkar som att branschen kanske börjar lyssna till Sprott


Mining Weekly's Matthew Hill reported today that Coeur d'Alene Mines CEO Mitchell Krebs is sympathetic to the call from Sprott Asset Management's Eric Sprott and David Baker (http://www.sprott.com/Docs/MarketsataGlance/2011/MAAG-11-11-Silver-Produ...) to start treating their product as money by holding some of their cash balances in metal:

http://www.miningweekly.com/article/coeur-would-mull-holding-silver-over...

[kristensson]

Nu går även Endeavour Silver ut och berättar att man håller kvar lite på sin produktion. Detta bådar gott

Hugh Clarke

Today we were in touch with Hugh Clarke, VP Corporate Communications of the Endeavour Silver Corporation (EXK) regarding Endeavour's 4th Quarter results.

We were also particularly interested in the company's decision to withhold some of its silver and gold production from the market.

Hugh very kindly responded with the following comments:

“Once again, we’ve been able to meet or exceed our annual production goals. As a lot of your readers know, a number of the other silver producers were forced to reduce their targets for the year. Consistency and execution are difficult objectives in the silver mining business and Endeavour Silver stands out for its track record in meeting the expectations of its shareholders.

We’ve employed the strategy of withholding our silver and gold from the market in the past, searching for and receiving higher prices for our metals. Our accumulation of silver and gold over the past 2 quarters is a continuation of this policy. We’re expecting higher prices during the early part of 2012 and hopefully we’ll be able to crystallize better prices during this period than were available in the latter part of 2011. We’ll provide guidance later this month and I can tell you that your readers can expect Endeavour Silver to achieve another year of record production of silver and gold at low cost in 2012

Källa: Silver news.com

[mfm]

Med tanke på hur dåligt silver varit som investering den senaste tiden så är det nog tur att de haft pengarna på banken.

[kristensson]

Nu sällar sig UC Resources till skaran av silverproducenter som sparar i silver

The company has also recently acquired for investment purposes $1,500,000 of the Sprott
Physical Silver Trust* (NYSE Arca: PSLV) representing a portion of its available free cash. The
board of directors approved this investment for the following reasons: enhance return on
present cash since presently holding cash vehicles provides negative returns when inflation
adjusted; investing in the industry the company is involved in and seeks to grow in from both a
production and exploration perspective; good liquidity; enhance shareholder value from further
increases in the price of silver; our way of responding to the call to action of Eric Sprott for
precious metal companies to retain some production as savings. It was felt the best course of
action for UC was to invest in a true physical silver vehicle and the Sprott silver trust was
selected

[kristensson]

Nu går även Endeavour Silver ut och berättar att man håller kvar lite på sin produktion. Detta bådar gott

Hugh Clarke

Today we were in touch with Hugh Clarke, VP Corporate Communications of the Endeavour Silver Corporation (EXK) regarding Endeavour's 4th Quarter results.

We were also particularly interested in the company's decision to withhold some of its silver and gold production from the market.

Hugh very kindly responded with the following comments:

“Once again, we’ve been able to meet or exceed our annual production goals. As a lot of your readers know, a number of the other silver producers were forced to reduce their targets for the year. Consistency and execution are difficult objectives in the silver mining business and Endeavour Silver stands out for its track record in meeting the expectations of its shareholders.

We’ve employed the strategy of withholding our silver and gold from the market in the past, searching for and receiving higher prices for our metals. Our accumulation of silver and gold over the past 2 quarters is a continuation of this policy. We’re expecting higher prices during the early part of 2012 and hopefully we’ll be able to crystallize better prices during this period than were available in the latter part of 2011. We’ll provide guidance later this month and I can tell you that your readers can expect Endeavour Silver to achieve another year of record production of silver and gold at low cost in 2012

Källa: Silver news.com

Endeavour meddelar i sin rapport för 2011 hur mycket silver/guld man ligger på, alltså vad man valt att inte sälja.

"Metal held in inventory at 2011 year-end included 980,000 ounces (oz) silver and 5,400 oz gold, compared to 127,000 oz silver and 957 oz gold at 2010 year-end."

Snyggt jobbat hoppas fler följer efter

[mowi_af]

Mycket intressant!

[MrLibertad]

Japp, det där är mycket intressant, det är en KRAFTIG lagerökning också.

Det fina vore om dom löste aktieutdelning med fysiska metaller sen också, det skulle vara något det.

[Crayeze]

Intressanta siffror och läsning!