Gold did hit $1099.00
The ratio has been around 60 .
Based on gold reaching the new high , silver should have hit $18.31 .
It never got there being a laggard but it will catch up .
The 60 to 1 ratio is high now anyway .
If it goes down to a more normal ratio of 50 , and gold doesn't go up at all silver will probably go up to $22.00 .
Let's see Wheeler said 25 to 30 million would be added to the bottom line for every dollar over 13 that silver goes up , so let's take an average figure , $27.50 X 9 = $247,500,000.00 to the bottom line plus bringing on more production and profits from a restart of Rochester .
Now add on Kensington .
Plus the 40% increase in the proven and probable reserves in Mexico and you can see why they call me the pumper , gate keeper dumboldfart .
If anyone doesn't think this stock is cheap at this price please explain why ?