MINCO gold and silver explorer.... the facts

Silver:

"...The recent report from Jordan Kotich, head of technical analysis at Barclays Capital in New York, must have been music to the ears of Mr Quartermain. Based on historical charts of previous rallies in precious metals he reckons that the price of silver could rise by 18 per cent in 2006 from this year’s high to US$11/oz.. In fact Kotich goes further and forecasts that “silver appears poised to take up the reins from gold as the next leg of the rally in precious metals unfolds” In support of this points to the global demand for silver which amounted to 26.023 tonnes last year with 44 per cent coming from industrial applications and the rest from photography and jewellery...."