Investorplace: China’s New Futures Market Will Lift Silver

Why Hong Kong Mercantile Exchange is a game-changer

By Keith Fitz-Gerald

If you’re still bearish on long-term silver prices, you’d better reconsider your stance.
Dollar-denominated Chinese silver futures were scheduled to begin trading on the Hong Kong Mercantile Exchange early today. This development will grant Asian investors direct access to the metal and will blunt the U.S. dominance in silver-bullion trading.
It’s also highly bullish for long-term silver prices.
Let me explain …

Gold ,Silver, Stocks: What the Big Guys are Saying

Some of the biggest names in the Canadian investment sector talk to Stockhouse about their views on the outlook for precious metals and underlying stocks.
Sprott Inc. Chairman Eric Sprott
Veteran Canadian money manager Eric Sprott believes silver will emerge as the investment opportunity of the decade and may reach US$50 an ounce before the end of 2011.
As anti-government demonstrations in Egypt sent U.S. stocks into retreat on Friday, lifting some of the selling pressure on precious metals, a Canadian money manager said he expects silver to emerge as the investment opportunity of the current decade.
Eric Sprott, the 66-year-old Chairman of Toronto-based Sprott Inc., said he is prepared to bet that silver prices will not only rebound from the recent peak of US$31.24 an ounce, they will also reach highs not seen since 1980s, when the white metal reached an all-time high of almost $50 an ounce.

Kootenay Announces Three Diamond Drill Rigs Now Operating on Promontorio

Kootenay Gold Inc. (TSX VENTURE: KTN.V) is pleased to announce it now has three core drills operating at the Company's Promontorio Silver Project in Sonora, Mexico with the recent commencement of drilling of the third diamond drill rig.

As previously announced on May 31, 2011, the drills are executing a 25,000 meter diamond drill program to follow up on the success of the Company's recently concluded 10,000 meter drill program on Promontorio. The current drill program represents the single largest and most expansive drilling campaigns conducted on Promontorio to date. The multi-phase step out and in-fill drilling program at Promontorio will be ongoing for the next several months.

Union Securities Initiates Analyst Coverage of Kootenay Gold

http://www.union-securities.com/contact.asp

For report details please contact:

Brian Mok, P.Eng., MBA

Senior Mining Analyst

Mining

416-775-5135

bmok@union-securities.com

Kootenay Drills 146 gpt Silver eqv over 234m as 10,000 Meter Drill Program Concluded; Major 25,000 Meter Multi-Phase In-Fill Drilling and Resource Definition Program to Commence at Promontorio Silver Project

Vancouver, B.C. - Kootenay Gold Inc. TSX.V: KTN ("Kootenay") is pleased to announce it has successfully concluded the final holes of its 10,000 meter drill program on its Promontorio Silver project in Sonora, Mexico, highlighted by a 234 meter intersection grading 146 gpt silver equivalent*. Based on the success of the 10,000 meter program Kootenay reports it has entered into a contract with BDW Drilling to immediately commence a minimum 25,000 meter multi-phase diamond drill program at Promontorio. The in-fill drilling and resource definition program will be the Company’s single largest and most expansive drill campaign ever conducted at Promontorio.

*See 10,000 meter drill highlights below - Click here for the complete drill results and map.

States James McDonald, President and CEO of Kootenay: "Hitting excellent grades of silver mineralization over a broad 234 meter intersection is further testimony to the success of our 10,000 meter drilling program on Promontorio. Paramount to its success, we confirmed that high and medium grade silver occurs along the entire 1.0 kilometer long mineralized corridor that hosts the current resource. Equally important broadly spaced holes indicate continuity of silver mineralization over 300 meters of strike in the North East Zone, which is double the strike length of our current 43-101 silver resource.”

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…

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.