Monday, April 25, 2011
Investment U: The Price of Silver’s Rising: This Time, There Are No Scapegoats
by David Fessler, Investment U’s Energy and Infrastructure Expert
Thursday, April 21, 2011
“Silver Thursday” is a day that's been in the history books for more than 31 years. For those of you too young to remember Woodstock or the Allman Brothers Band, you probably have no idea what Silver Thursday is, either.
This is a story about silver's previous meteoric rise, one that occurred in late 1979 and early 1980. Alas, it had an all-to-familiar Madoff-esque twists to it: fear, irrational exuberance and greed.
The story begins back in the early 1970s, when two brothers, Nelson Bunker and William Herbert Hunt, decided they would begin to accumulate silver.
They believed that the U.S. government was printing too much money, and thus devaluing the dollar. Sounds all too familiar, doesn't it?
The Hunts further believed that silver, like its golden cousin, would become a haven for investors, too. They wanted to invest in something that wasn't denominated in – or tied to – paper currency…
Monday, April 18, 2011
Kootenay Gold Has A Lot More Silver Than Its Name Might Suggest
Judging by the share price, investors reckon that Kootenay Gold has a bright future ahead. Since last October the shares have risen steadily from just below C50 cents. But in the last week they have suddenly taken off, and risen in an almost straight line from C90 cents to C1.27. A quick look at recent news items shows that Dick Whittington, a mining graduate from the Royal School of Mines, joined the company as a director towards the end of March. That appointment underlines that Kootenay is now starting to build its team for the development of the Promontorio silver project in Mexico. Dick took Farallon Mining right through from discovery to production in four years as chief executive, and only left the company when it was taken over by Nyrstar. So he comes to Kootenay still in his prime.
Wednesday, April 6, 2011
Monday, April 4, 2011
Kootenay Drills 237 gpt Silver eqv over 51m, Including 526.2 gpt Silver eqv over 18 m; Step Out Holes Return Multiple High Grade Silver Intercepts Across a 1 Kilometer Corridor
Kootenay Gold Inc. (TSX VENTURE: KTN.V) is pleased to announce assay results from an additional 10 drill holes as part of a 10,000 meter, ongoing, multi-phase drilling program on its Promontorio Silver Project in Sonora, Mexico.
Drill holes encountered consistent, widespread silver mineralization and multiple high-grade silver intercepts in Promontorio's newly extended Northeast and Southwest Zones, which sit outside of the current 43-101 Pit Resource. (To view map please click here)
States Kootenay CEO James McDonald "We are very pleased and enthused with current results from the 10,000 meter drilling program and believe our objective of building Promontorio into a significant mining entity is coming into focus".
"We are consistently hitting high and medium grade silver mineralization to the North East of our Pit Resource expanding the North East Zone to over 300 meters, which is double the strike length of our current 43-101 silver resource. Moreover, widely spaced step out holes have encountered multiple, high grade silver intercepts confirming the exciting upside potential of the entire 1.0 kilometer long mineralized corridor at Promontorio". Adds McDonald
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