Ag stocks - SVL and IVR

For those who do not know Mandarin, yinhang means a bank. And yin is silver. Until 19th Century, Ag is a major precious commodity in the Middle Kingdom.

It is interesting that Ag has risen more than Au yesterday. IVR has changed direction in what it is exploring for and because of a fantastic Ag discovery, announced yesterday, I am now onto the 'green' zone in CommSec for this stock. That has not been the case for a long time because this stock (used to be SNU) was bought in 2007. If it hits another Ag lode, then it will fly.

Not my SVL; down >20%. This is one stock I should now ponder about topping up.

Unfortunately, neither stocks are producers. "Producing" is far more important at the moment.