This morning we received this article from David Morgan regarding his views on the junior mining sector which begins as follows:

This week we took a look back into a recent issue of The Morgan Report and decided to reprint an answer we received from one of our subscribers. It seems many including us are frustrated with what is going on with the junior mining sector. In our opinion we are far from over this major bull market, but we are still in the skeptical phase where many are of the opinion that the mining sector stocks and in particular the junior mining stocks are through (read more…)

We would like to draw your attention to an article entitled: Silver Fundamentals – “Supply and Demand” prepared by Endeavour Silver Corporation, which they have just completed (read more…)

Just in case you have missed this there is a get-together for those interested in the silver market being organised by David Morgan and sponsored by MyFutuesOnline.

Here are some of the features (read more…)

Charts courtesy www.stockcharts.com

Continuing with our plan to deploy our opportunity cash we acquired more of Pan American Silver Corporation at an average price of $36.53 yesterday.

PAAS is now sitting on its 200dma, which in our humble opinion suggests that the downside is limited (read more…)

Yesterday we decided to take the plunge and acquire more shares in Silver Wheaton Corporation having failed to acquire it with low bids recently. We met the market and paid an average price of $15.61 for this stock. This purchase looks a little expensive at the moment however we expect silver to challenge and beat its previous highs by the end of the year propelling Silver Wheaton to higher ground (read more…)

Silver went on a tear today putting on $0.55 to close at $18.84 and Hecla Mining joined in the fun with a gain of almost 7%.

To recap on the 17th June 2008 we purchased the JAN09 Call options at a strike price of $10.00 for $1.00 per contract for the Hecla Mining Company. Back then we were of the opinion that this stock was oversold having been sold down from the $13.00 level to close at $8.28 when we made our purchase (read more…)

We do own this stock having made our first purchase at $9.41 and have been tracking it with the view of acquiring a few more shares. Today we put in an order for Silver Wheaton Corporation (SLW) but we pitched it a tad low and ended the day empty handed. We didn’t want to chase the price higher and so we waited patiently for the price to come back, which now looks like an error of judgement on our part. Still there is always another day and another opportunity (read more…)

Endeavour Silver Corporation have just announced that silver production will double to 98,285 oz in Q2, 2008 and is on schedule to triple to approximately 140,000 oz in Q3, 2008, compared to the 46,419 oz silver produced in Q1, 2008 (read more…)

The last four months has seen silver consolidate in the $16.50 to $18.50 range as the sometimes referred to summer doldrums arrived. Far from being dull we can see that this performance by silver has been superb. Why? Well if we look at the same trading period for 2007 we can see that silver was again range trading and consolidating at the $13.00 level. So to have established a new trading range, which is $4.00 higher or approximately 30% higher than a year ago, ranks as a sparkling performance in our humble opinion (read more…)

On the 18th June 2008 we made an additional acquisition of Pan American Silver Corporation (PAAS) as our research suggested that the downside for this stock looked limited. Since then PAAS has increased by $3.62 to close today at $34.68 (read more…)