Mag
Mag silver very strong again!
Break out to new highs or double top?
This is the ONLY near term producer you can invest in silver, most big producers like Fresnillo and Hochschild face costs pressures, not to mention First Majestic, that is loss making at current silver and trading at very expensive levels!
If I had to own a producer, I would only be comfortable with Fres.l, even with less positive chart. That’s why MAG is so interesting, Fresnillo has to put this project as fast as possible into production to realize sales growth the next 5 years.
Other developers to look at that are a play on high grade silver could be MGG, SIL and KTN
MAG SILVER – Valdecañas Deep Zone Expanded and Significant New Hangingwall Vein Discovered
http://www.magsilver.com/s/NewsReleases.asp?ReportID=846343
indeed, very positive news