Club Mulgoa

Friday, February 17, 2012

Ag stocks - SVL and IVR

While IVR has gotten to 150% profit for me from 2007, including top ups subsequently, SVL has been a downhill course for me. But SVL is the silver stock you want to invest in. It has been announcing good drilling results but the market totally disregards it.

There is a gold:silver ratio of about 50 traditionally. At USD1700/oz for POG, then it should be USD$34/oz for Ag. It is USD$33/oz at the moment. At least with Ag, there is an industrial use for it.

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