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Message: Silver could go to $100 U.S. in not so distant future

This sounds good to me, we got silver on the CB. We also have silver on the Tesoro, but slight amounts,as per the samples in the tech report. It is mixed with the gold as electrum, and we might know if its worth while to bring out of the separation process, if metalurgy was done on it. As for now, I wouldn,t even factor silver in to any equations on the Tesoro, unless we had more info.

Here is an excerpt from the article below;

Silver: US$30.35 – down US$0.87 from last week.
Silver tried and succeeded in breaking the US$30 level. Silver went down to the US$29.70 level before some short covering lifted the price up to the week’s closing level at US$30.35. A small amount of Silver short positions as well as long positions have been covered during last week, according to the Commitment of Traders Report (COTR).

The Dubai Precious Metals Conference last week spent a lot of time discussing if the silver bubble had burst. The resulting poll showed that the audience believed more strongly that the rally is by no means over, and that silver could rise to US$100, according to Ross Norman, CEO of Sharps Pixley, in the not too distant future.

http://www.bi-me.com/main.php?c=3&cg=4&t=1&id=57690

IMO

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