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« Even New Yorkers Say No To USD | Main | The Future US Dollar Carry Trade »
Monday
Feb042008

Minco Silver Corporation: Up 8.5% Today!

Minco Silver Corporation: Up 8.5% Today!



Having just reported how well this company was doing Minco Silver Corporation puts in another good day to finish up 8.5% at $3.83 largely due to its latest news release.

Minco Silver went on to say;

"A significant width of mineralization was intersected in hole FW0147 where multiple intercepts ranged from 0.75 metres (m) to 40.30 m and silver grades ranged from 199.00 grams per tonne (g/t) to 926.33 g/t. The 40.30 m intersection is the widest mineralized intersection to date for the entire Fuwan Deposit and could be a potential feeder zone or source for the Fuwan mineralization".

These are very encouraging results and help to raise our comfort levels regarding our investment in this small silver company with a market capitalisation of $119 million. The stock traded 238,000 shares today with 31 million outstanding.

To read this news release in full please click this link to Minco's web site.

Minco Silver Corporation trades on the TSX under the symbol MSV.

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