Silver Miners – Going to $0 or Opportunity of a Lifetime?
FSM $9.00 in 2016 now $2.02
EXK $5.90 in 2016 now $1.23
HL $7.00 in 2016 now $1.69
All were much, much higher in 2011.
Are these companies going bankrupt or should I back up the truck?
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WE ARE
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*DECODING THE NWO
PRE EXISTING T CELL IMMUNITY
THE SPANISH FLU OF 1918
THE ORIGINS OF COVID
POSTING INFORMATION
IMO, mining is labor intensive and it is quite possible the mine employees could be subject to Covid virus and we could see a period of no production of any metal. This could be quite bullish for metal prices when this virus thing peters out and demand comes back for metal. It would most likely take many months for this to play out.
Scott maybe silver is the buy of a lifetime especially since the price is nearing cost of product coupled with a potential mine closures.