in an interview at howe street, david morgan said the equiblibrium price of silver is $25-30, but that it should overshoot that level in a bull market. peter barnes, the ceo of silver wheaton, also said he expects silver to reach $30 in the next two to three years in an interview at kingworldnews.
http://www.howestreet.com/index.php?pl=/goldradio/index.php/mediaplayer/1334