• Northair and Kootenay Combining to Create Mexican Silver Consolidator

    Source: Financial Post - Top Stories / 28 Feb 2016 20:16:39   America/New_York

    “Silver consolidation works.” she said. “Silver Standard, First Majestic and Pan American are all the result of silver consolidation when the price of silver was depressed in the early 2000’s. Pan American went from $2.50 a share in 2000 to $41.00 per share in 2008, First Majestic went from $.05 to $23 and Silver Standard went from $1.25 to 37 dollars all in that same period.” With metal prices low, Zaradic believes that what happened from 2000 to 2008 could happen again in precious metals. “We see First Mining Finance (TSXV: FF) in the gold sector buying gold assets, climbing to a market cap of +$100 million in a very short period of time. The market likes consolidation. Since we announced our deal with Kootenay on January 13 our share price has doubled.” http://feedproxy.google.com/~r/FP_TopStories/~3/Brtq3zsnkec/northair-and-kootenay-combining-to-create-mexican-silver-consolidator
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