Bob Moriaty Says:

"And silver. PDAC was the first time I saw ordinary investors participating and asking rational investment questions. Every other gold show that I've been to for nine years was the same old very conservative investors who went through the Depression and believed in owning gold and silver. Silver companies were getting $1 an ounce in the ground for silver in 2004 and 2005; they get a nickel now with $18 silver. And nobody wants to buy silver companies. Excuse me? Something's wrong there. Now, more ordinary investors have started thinking that with silver at $18, maybe it makes some sense to invest in resource companies. Resources are a slam-dunk."

A nickel an ounce ???? Silver stocks have taken a 95 % haircut since 2004/2005 ?????Completely Outrageous !!!!

Would appreciate if someone would calculate what is the ECU of dollars per ounce in ground. And am I reading this right ????