/biz/ - Business & Finance

>>26471989

>Not sure whether the market will notice the silver production in base metals stocks if a huge bullrun on silver comes

Yes, it will. Sprott does the same thing that I do and tries to find gold companies where the silver is currently being overlooked. He talks about this frequently on his podcasts. It's a matter of seeing the future early. A resource will obviously become more valuable as the price of the silver in the ground goes up. That's precisely why you buy something like Discovery Metals, because 100 g/t is uneconomic to mine right now, but past $30 silver you can actually build a mine on that site and mine those billion ounces of silver for a profit. If silver goes high enough relative to zinc then FWZ will be considered a silver stock rather than a zinc stock. Many "zinc" stocks which exist now used to be considered silver stocks before the silver price collapsed.

>Most of the world's silver is a byproduct.

This is a common meme which is used to disparage silver, yes. It's what IKN was saying at the March low just before it tripled. Does not alter the fact that silver is an extremely scarce resource which we only mine 600 million ounces of each year, 9/10ths of which is consumed in industry. Besides which many of the base metal producers have agreements with streaming companies like Wheaton to give much of their silver to them. FWZ has no such agreement.

>>25758950

This is also worth saving, from IKN.

>>25531903
>>25532058
>>25531903

You sound exactly like IKN. You're parroting what he said word-for-word in March just before silver tripled and silver stocks quadrupled.