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Message: Watching the overseas silver price

"SFMI is sluggish thus far to day....back in the .0055-0065 zone....not what one would expect if a funding deal consumated"

Actually, I doubt that we will see any real buying or sp increase until any deal is announced. People have been burned too many times by rumors of deals that were "in the can" and then never materialized. Current holders seem to be standing pat (at least they are not dumping wholesale, which indicates some confidence), and will not be buying more (if they have any powder left) until something is announced. Potential new investors, if they have done their DD, know they can watch the sp drift down and wait until any announcement to buy in. Even if they have to chase the ask a bit, it will still be cheaper than if they had pulled the trigger a few weeks ago when the sp was over .01. We need real news, not rumors.

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