Tuesday, July 19, 2011

Silver Companies in Australia

.... ongoing article .....

This article looks at Silver exploration or mining companies that has the potential to take off as the price of silver resumes its upward path. The gold to silver ratio is at a historically high number. When the silver price catches up to the historical average ratio, silver companies would follow.

The following are some silver companies to consider:
White Rock Minerals WRM
Silver Swan Group SWN

From just a purely technical analysis view, WRM seems to be stabilising while SWN had a long downtrend which shows sign of slowing. Given the silver price is on the rise over the last week, it may be time to watch these two closely.

WRM chart


SWN chart

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