The webs only free portfolio of silver stocks provides a quick update of our silver investments to date.

CDE $4.49 BUY
HL $5.36 BUY
PAAS $19.30 BUY
SLW $9.23 BUY
SSRI $21.25 BUY
EPL $0.55 BUY
CPY $0.86 HOLD

Optimism rules here at silver prices as we are still have the firm belief that silver has a long long way to go. So, we are not selling any of our stocks. If and when we have the cash we will be purchasers of the above-mentioned silver stocks, apart from CPY, which we will hold and observe for a while.

We are researching other silver producers and will post when we have something that we think is worth our investment cash. We are about 90% invested in silver, gold and uranium stocks. We do not hold any other stocks. We think the DOW is way too high and we will remain in cash or precious metals for the future. And the future has a few years to run yet.

We are not ruling out the possibility of precious metals once again running ahead of themselves and we will post when we think that time has arrived.

For now though we will hold, watch and enjoy as things start to warm up.

Relax!

13 October 2006