Shoshone Silver - Tenbaggerpotential! - 500 Beiträge pro Seite

[AUGENTUMINVESTOR]

Interessanter Silberwert mit erfahrenem Management
und guten Properties.

Aktuell bei 16 cent war aber schon mal bei 2,25.
Hat neun verschiedene Properties. Einige haben eine komplette Infrastruktur.

Sh. hat ein marketcap von etwa 2,5 mio euro und sehr wenige Aktien im free-float. Hoher Insideranteil.

[_Frank]

diese Firma ist zur Zeit nicht in Produktion und wird beim derzeitigen Silberpreis auch nicht in Produktion gehen.
Sehr spekulativ, hoher Hebel auf den Silberpreis - in BEIDE Richtungen.

[AUGENTUMINVESTOR]

Das stimmt, wie so viele Silberunternehmen produzieren sie nicht. Haben jedoch schon komplette Minen mit Crushern (Mills) dastehen, so dass sie bei einem besseren Preis einfach nur die Mine anwerfen, ohne viel Dilution zu betreiben. Risiko nach unten ist sehr begrenzt, da der Kurs schon abgestuerzt ist. Shoshone hat ca. 30 mio Unzen Silber als Resoucen.

Zu dem aktuellen Preis eine nette Wette, die viel Platz nach oben hat.

[borazon]

Sind die Projekte dort, wo die Schoschonen schon wohnen?

[AUGENTUMINVESTOR]

Idaho:

Lakeview Mine and Mill
Conjecture Mine
The Weber Mine
The Keep Cool Mine

Regal Mine
Auxer Gold Prospect and Mine
Lucky Joe Property

Mexico:

Bilbao
Western Gold

[AUGENTUMINVESTOR]

Mehr Info´s auf der Homepage:

http://www.shoshone-mining.com/

[campigirl]

Bin ein wenig auf der Website von Shoshone gesurft.

Das Bilbao Projekt in Mexiko und Lakeview sind super Projekte. Versuche noch mehr zu erfahren.

Campigirl

[campigirl]

+ 15 % bei niedrigem Volumen. Verkaeufer sind aus dem Markt, sobald Silber gegen 10 tendiert, fliegt Shoshone wie ein Pfeil.

[AUGENTUMINVESTOR]

hier der Chart:

http://www.stockhouse.com/comp_info.asp?drawChart=1&original…

[AUGENTUMINVESTOR]

Infos zu Lakeview Property:

Zwischen 1970 und 1990 wurde auf dem Lakeview Property produziert.
Der Silbergehalt betaegt etwa 11.8 oz/t. Lakeview verfügt
über Infrastruktur und eine Mill, um schnell wieder die Poduktion hochfahren zu koennen.
Production costs liegen bei etwa 4,5 pro Unze.

Im Moment ist man bestrebt die Resource zu erhoehen, so das weitere Explorationen durchgefuehrt werden.

[campigirl]

Silber hat sich ja heute ein wenig erholt.
Ist aber noch sehr angeschlagen, sobald sich die Lagen entspannt, werden alle Silberaktien gegen Norden fliegen, der MArkt ist ohne jegliche Liquidität. Wir sind am Boden angelangt!

[AUGENTUMINVESTOR]

noch `ne Nachtlektüre !

The Shoshone Advantage


Shoshone has Superior Location
The Sterling Mining lease on the Sunshine Mine has sparked a resurgence of activity in north Idaho’s “Silver Valley” and surrounding mining districts, igniting what is currently among the hottest “area plays” on the planet. Shoshone`s collection of area mines and mill allow put us right in the middle of this action.

Shoshone has Past Production
Shoshone has produced before and can do so again. Its flagship Lakeview Mine & Mill are now supplemented by six historic mines in the Lakeview District and surrounding areas. The prospect of a rapid return to production may provide substantial leverage to higher metal prices. Shoshone has Potential for Exploration
Shoshone continues to assemble an excellent portfolio of exploration projects, including:
The Western Gold Prospect, adjacent to and along strike with past producing mines.



Shoshone is Aggressive
Shoshone has been on an acquisition binge recently, assuming most of its current projects within the last year, with more expected to follow. Shoshone continues to pursue acquisitions while the precious metal bull market is still young and projects can still be negotiated at reasonable cost.

Shoshone Offers Superior Leverage
Shoshone has less than 20 million shares outstanding, but only about 5 million in its public float, providing shareholders with substantial leverage to both precious metal price increases and exploration success.

[PAULISTAJOE]

Habe gesehen, dass Shoshone auch auf der Hommelliste steht.

Man braucht ein wenig Geduld mit den Rothäuten.
:O
Wird sich aber lohnen, aufrund den vielen Minen und der guten Locations.

[campigirl]

Das Mexiko Projekt:


Mexican Assets - Bilbao Project

The Bilbao Property is located in southeastern Zacatecas State, Mexico. It lies within the Panfi lo Natera Mining District about 350 miles northwest of Mexico City and 35 miles southeast of the city of Zacatecas.

This mining district is ancient. High-grade, silver-bearing ores were discovered and initially exploited in 1600. A signifi cant amount of mining was completed on the Bilbao Property between 1900 and 1927 by the International Mining Company (Consejo De Recursos Minerales, 1992). Additional work may have been done on the property from 1939-1945. No signifi cant mechanized work is known to have been completed after 1945. The Bilbao Property was controlled by Frisco from 1945-1967 and Penoles from 1967 to 1991 (Kilborn, 1995).

An estimated one million tons have been mined from underground workings and two glory holes (Kilborn, 1995). Highgrade mineralization was followed to exploit direct shipping ore. There is no evidence of drilling on the property. Documented mining has been conducted only to a depth of 250 feet (76 meters) where sulfi de ore was encountered.

Two primary types of mineralization are found on the property. Distal Copper- lead-zincsilver pyroxene skarn mineralization has been documented within altered Cretaceous Age carbonates near granitic intrusives. Hydrothermal veins, of secondary importance at this time, are hosted by both the granitic intrusive and the Cretaceous Age marine sediments. The zinc-lead skarn could grade laterally into both Au-bearing garnet skarn or massive zinc-lead replacement ores in carbonate rocks.

Oxidation has reached a depth of about 250 feet on the property, creating an upper oxide resource that may overlie a signifi cant sulfi de resource. Zinc, lead, and copper oxides/ carbonates and silver chloride minerals are found in potentially economic quantities within the oxide zone.


Within this oxide zone, the 1997 Kilbourne pre-feasability study defi ned an inferred resource ranging from 3.211 million tons averaging 3.94% zinc equivalent to 0.234 million tons averaging 14.31% zinc equivalent. This inferred resource is based upon a systematic underground sampling program on three levels (approximately 1200 samples). The study also indicates positive cash fl ow and payback on capital within 2 years of mining the oxide resource.

Sulfi de potential is virtually untested, but could be exceedingly important with respect to overall potential. Skarn bodies in the region are documented to extend to depths of 3,000 feet (900 meters) below the surface (Consejo De Recursos Minerales, 1992).

For a relatively small expenditure, untested areas in a known, productive mineral district can be evaluated. This could only add to the value of the resource identifi ed thus far. Areas to the west, particularly those covered by alluvium and Tertiary Age volcanics, may hold the most promise for hidden skarn deposits.

Based on the similar geology and morphology of the area, it seems likely that the oxide mineralization defi ned thus far could exist on other parts of the property beneath thin layers of colluvium or post-mineral volcanics. If so, this might reduce overall mining and leach costs of the total oxide mineralization. Alternatively, it is possible that an economic sulfi de resource might be discovered.

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Lakeview and the Silver Valley

The Lakeview District mines are located within the same Belt metamorphic rocks (the Wallace, St. Regis, and Revett Formations) and have similar mineralization as the world- lass Coeur d`Alene District, just 25 miles south. However, exploration at the Lakeview District has been minimal compared to the Coeur District, and many geologists believe that mineralization at Lakeview, like Coeur, may grow much richer at depth.

Shoshone Silver has assembled an impressive portfolio of silver properties in northern Idaho surrounding our centerpiece, the Lakeview Mine and Mill operation. We expect this collection of past-producing mines will enable Shoshone Silver to re-enter the ranks of producing companies and provide a signifi cant return to our shareholders at higher silver prices.

The Lakeview Mine & Mill

The Lakeview Mine & Mill are the flagship assets of Shoshone`s rich silver producing history and today serve as the focal point of its north Idaho operations and a key element of its overall revitalization strategy.

The Lakeview Mine is the most extensively developed of Shoshone`s Lakeview District properties, with six main levels reaching a depth of 1400 feet. Vein material is encountered at each mine level and with ore grades generally improving with depth. The Lakeview Mill is an on-site, expandable, 200-ton per day facility that produced concentrates for Shoshone mining operations from the 1970s into the early 1990s.

Sunshine Mining & Refi ning became active in the district in the early 1960s, identifying several veins at the Lakeview Mine reportedly grading up to 25 oz/t silver over a 5-foot vein width, with one drill hole intersecting a narrow section that assayed 185 oz/t silver. Historic production data indicates that Lakeview ore graded in excess of 10 oz/t silver with signifi cant gold values.

There are presently 24,190 tons of mineralized material delineated at Lakeview, grading an average of 11.8 oz/t silver. Exploration plans include mine and mill rehabilitation, surface and airborne geophysics and underground drilling.

Conjecture Mine

The Conjecture Mine is located in the Lakeview Mining District of Idaho, some 30 miles to the northwest of the Coeur d`Alene mining district. The rock groups of the Lakeview District are the same Precambrian belt series associated with the world-class silver deposits of the Coeur d`Alene mining district to the south.

In the late 1950s and early 1960s, Federal Resources of Salt Lake City, Utah, invested approximately $3 million in shaft sinking and underground development at the Conjecture Mine. In all, Federal Resources completed a 2,000 foot deep, concrete lined, three compartment vertical shaft and nearly 12,000 feet of drifts, cross-cuts and raises to establish a block of mineralized material of 336,000 tons at a grade of 11 ounces per ton of silver, and .03 ounces of gold, with some lead and zinc.

An additional block of 370,000 tons of similar grade was listed as a possible block of mineralization between the levels.

The Weber Mine

Initial discoveries of mineralization in the Lakeview District were made in 1888 near the site of the Weber Mine, which is among the most historically productive of the Lakeview District. The mineralized vein at Weber is hosted in a shear zone up to 80 feet wide and 3,600 feet long and was mined as an open pit operation. Historic mining at Weber focused on a supergene enriched oxide ore zone that averaged over 40 oz/t silver. A second enriched zone was discovered by Shoshone in 1978, exposing a vein 10 to 12 feet wide and 135 feet long that was mined in the early 1980s. Production records from the Bunker Hill Smelter indicate that concentrates from Weber assayed roughly 120-185 oz/t silver, 0.54-0.70 oz/t gold, 12-20% lead, and 15-36% zinc.

The Keep Cool Mine

The Keep Cool Mine has been explored by fi ve adits and 3,000 feet of tunneling and historic production records indicate average grades of 11.5 oz/ t silver, 0.10 oz/t gold and 5.2% lead. Drilling at Keep Cool by Sunshine Mining & Refi ning in the 1970s reportedly included select intercepts that assayed over 70 oz/t silver. Keep Cool was most recently operated as an open pit by Shoshone in the early 1980s.

Silver Valley Properties

The “Silver Valley”, along with the surrounding mining districts of northern Idaho, make up the richest primary silver-producing region on Earth, with over a billion silver ounces produced in the last century. “The Valley” has hosted some of the world`s most legendary silver mines, including the Sunshine, the Bunker Hill, the Morning-Star (the deepest mine in North America at over a mile and a half deep), and Hecla`s Lucky Friday.

The Shoshone and Bullion claim groups are located in the St. Joe Mining District of eastern Shoshone County, along the Montana border. The properties are comprised of twelve patented claims and cover several prospect pits and other historic mine workings. Both properties have been leased to Sterling Mining Company.

The Shoshone claim group was the subject of considerable interest and speculation in the early 1980s as Anaconda Minerals drilled the property. Surface outcroppings, including a vein structure 7,000 feet long and up to 80 feet wide, along with “enormous geological anomalies” shown in soil and vegetation sampling by the USGS, led geologists to believe that substantial silver mineralization might be found at depth. In fact, USGS geologists then theorized that the largest silver deposits in Idaho`s “Silver Valley” might be found in its southeast corner.

Anaconda drilled four exploratory holes near the property boundary shared with Stevens Peak Mining, in an effort to locate a site for deeper drilling. One of the holes was suffi ciently encouraging to justify its continuation and was planned to extend to depths reaching 6,000 feet, targeting the Champion Vein, deep in the Revett Formation. However, the planned hole was collared at just over 3,000 feet and although core samples confirmed earlier projections about geology and structure at depth, the program was never completed.

[campigirl]

Shoshone Silver Mining Company Announces Drill Plans for Bilbao Project, Mexico
Thursday July 14, 9:00 am ET


KELLOGG, Idaho--(BUSINESS WIRE)--July 14, 2005--Shoshone Silver Mining Company (OTC:SHSH - News) announced plans to drill its Bilbao project in Zacatecas State, Mexico. The initial proposed drill program will include 10-12 holes comprising a total footage up to 1,800 meters. This program is designed to validate the Bilbao resource; test mineralized extensions to the resource at depth and along strike; test a well defined covered soil geochemical anomaly to the northwest of Bilbao; and test 600m of the Ag-Pb-Zn El Cabezon vein system.
Historic mining of both Bilbao and El Cabezon produced high grade, direct shipping ore. Current exploration will test and expand the open-pit bulk-minable Bilbao inferred resource (as reported by Watts Griffith and McQuat) containing +3.2 million tons with a grade of 3.9% zinc equivalent. The program will also include metallurgical evaluation of the silver/lead mineralization, containing values equal to or greater than the zinc resource. The deep seated sulphide target of the Bilbao skarn system is represented by silver values grading to 100 g/t, zinc up to 4%, and lead from 2-14%. Much of the area surrounding the known Bilbao mineralization is covered by post mineral gravels and volcanics.

The El Cabezon vein produced high grade silver values grading 20-200 opt along 600m of strike and 135m in depth. The vein system has the potential for mineralization at depth and along strike. The El Cabezon vein is part of a larger, continuous vein system that extends for several kilometers to the southeast. The drill program will commence upon completion of the Company`s environmental permit and drill availability.

In additional news, the Company has relinquished its lease of the Blende Project in the Yukon of Canada. The property has been returned to Eagle Plains.

Shoshone Silver Mining Company was founded in 1969 as a silver exploration, development and production company centered on its Lakeview Mine and Mill, south of Lake Pend d`Oreille in northern Idaho. Shoshone has acquired several formerly producing precious and base metal properties in northern Idaho in preparation for a return to production at Lakeview. Shoshone also maintains a diverse portfolio of mineral exploration projects across the western United States and Mexico. Shoshone stock trades on the OTC Market under the symbol "SHSH."

Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on beliefs of management as well as assumptions made by and information currently available to management. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results.

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silber allgemein.



Silver on Sale

By: Doug Casey

Date: 06/02/04

I have said it many times: mining is an innately risky business. Worse, it’s an impossible business if metals prices are too low. In the case of silver, during the long bear market from 1980 to 2003, when silver traded mostly in the $3.50-$5 per ounce range, there were no major, public, pure silver mining companies that generated free cash flow. None.

The end result was that very few pure silver producers remained in business. With the exception of a smattering of mines in Mexico , Peru and very few other locations, it has simply been uneconomic to produce silver (other than as a by-product).

That is not to say that there haven’t been profitable silver mines, but these are generally owned by very large mining companies such as BHP Billiton (BHP.Z, $17.20. SO 3.11 billion). These are not stocks you would buy strictly for the silver exposure, however, because silver is a minute portion of the overall value of the company.

Which points to one of the fundamental caveats about silver: namely that around 80% of new production is a byproduct of gold, copper, lead and zinc. So silver is produced almost regardless of its price. That makes primary production of silver even more volatile and risky than mining in general.

Of the primary silver producers (defined as companies in which at least 50% of their revenue is silver), the value of the silver they produce represents only about 3% of total supply brought to market. It’s a tiny sub-sector of mining.

But, understanding the risks, I think silver stocks could provide some of the best, if not the very best, contrarian returns in the years ahead. There are several reasons I say that, but the main one is the ongoing silver supply/demand equation.
SILVER DEFICITS (millions)

1990
<30.8>

1991
<68.1>

1992
<75.7>

1993
<183.8>

1994
<200.6>

1995
<182.9>

1996
<207.6>

1997
<221.6>

1998
<205.0>

1999
<161.5>

2000
<154.9>

2001
<82.7>

2002
<81.3>

2003
<64.2>*

Source: CPM Group,
Silver Survey 2003
* = estimate




The Supply Deficit

At first glance, one of the more remarkable aspects about the silver bear market was that, beginning in 1990, it occurred against the backdrop of a supply deficit. In those years when the global economy could be considered in a positive light, annual silver deficits ran as high as 200 million. When the economy was in recession, the silver shortfall still came in at 40-50 million ounces.
More recently, in 2002, a down year for the U.S. economy, mine production totaled 585.9 million ounces, while total demand hit 863 million ounces. So production has not kept up with demand for a very long time.



For a brief period back in 1997-98, it looked as if the supply/demand imbalance had finally caught the attention of the market when Warren Buffet purchased 129.7 million ounces. Prices moved all the way to the $7.50 level before institutional short sellers and forward-selling by base metals producers beat the price back to the $4 range. Once again, silver could get no respect.

Why Silver Has Stayed So Low For So Long

Despite the supply deficits, and overlooking the relatively short-lived rally that took it to $8.29 in early April, the price of silver has been remarkably stable in the $4 to $6 per oz range. Why no sustained recovery?

Ignoring the conspiracy theories making the rounds, the primary reason for silver’s doldrums has to do with the drawdown of accumulated stockpiles. These stockpiles include old scrap and coin melt, as well as those held by various governments who used to think that backing a currency with something other than cheap talk was the right thing to do.

Speaking of cheap talk, in 1959 the U.S. Treasury held 2.06 billion ounces, the majority of which was sold in the 1960s in a futile attempt to keep the price at $1.29, where they’d arbitrarily fixed it. The balance was used in the minting of Silver Eagles coins from 1986 through 2002. As a consequence, except for a few bars forgotten in some dark corner, the U.S. stockpile is gone. As the government uses 12.5 million ounces a year in coinage, it is (or soon will be) a net buyer.

The largest remaining known government silver inventories are in India , which was reported to be holding around 87 million ounces as recently as 2002.

The largest unknown government inventory is likely held by China , whose currency was the last in the world to be backed by silver. In its usual inscrutable way, the Chinese government has not revealed the extent of its holdings, but we know that it has been a big seller over the past few years, almost certainly helping to keep a lid on the price. Last year, of a total of 82.6 million net ounces of silver that came onto the market through government sales, 35 million ounces came from China . That on top of over 50 million ounces they sold into the market the year prior. Some of the most credible silver observers believe that these sales cannot continue for long at the same pace before the Chinese stockpile, too, is depleted… which the fall-off in year-over-year sales may already begin to indicate.

I would add that the Chinese may very well decide it is better to hang on to what they have left in their stockpile, rather than continue to trade it for increasingly worthless dollars. We should have additional clarity on the Chinese stockpiles later this year once The Silver Institute releases its new comprehensive study on the topic. Regardless, the odds are good that we are nearing the end of the period where government silver sales are much of a factor.

Institutionally held inventories (Comex, CBT, etc), have likewise fallen dramatically. After reaching 245.8 million ounces in 1996, these inventories have dropped by 41.3% to 144.4 million in 2002.
All told, according to the CPM Group, global non-coin inventory is now in the area of 419 million ounces, with an additional estimated coin inventory of about 487.5 million ounces, but one shouldn’t put too much stock in these figures because much of the world’s silver is now stashed in the lock boxes, drawers, and closets of individual holders.

Speaking of individuals, as is often the case after a long bear market, sellers begin to dry up. Case in point, sales of silver by individual holders fell to 43.5 million ounces on a net basis in 2003, down from 81 million ounces in 2002… and well off the peak hit in 1997 when individuals dumped 221 million ounces back onto the market.

Sources of Demand

Jewelry demand, silver`s second largest use, was higher at 276.7 million ounces in 2003, compared to 265.9 million ounces in 2002, a rise of 4.06%. Driving growth is demand from Asia , including a 22% increase in jewelry demand from China and a 13% increase in Thailand . The fact remains that, while silver’s fundamentals are very much affected by industrial demand, it is still viewed as poor man’s gold by much of the world—an alternative to the colored toilet paper governments pass off as currency.

For some years now, silver bears have warned that the move to digital photography will dry up that important use of silver. In the long run, that may be true. Yet, the correlation with sales of digital cameras and available silver supplies is not a 1:1 ratio because photographic demand also influences silver supply. As much of the secondary scrap supply is refined from photographic film and chemicals, a decline in photographic demand also impacts secondary scrap supply.

According to the GFMS World Silver Survey 2004, photography, which accounts for the third-largest silver off-take, was down to 196.1 million ounces compared to 205.7 million ounces the year before. But even that relatively modest decline may not accurately reflect the trend because the Iraq war, fear of terrorism, and the SARS hysteria dramatically curtailed tourism and hence picture taking.

That same survey shows that a 2-year decline in global fabrication demand for silver ended in 2003, with demand increasing to 859.2 million ounces, 13.3 million ounces over 2002.

Industrial usage, which is reflected in the fabrication figures, is the largest source of silver demand. It was up 2.87% to 351.2 million ounces. It is always worth noting that unlike gold, where virtually all the metal ever mined still exists, in the case of silver, most of that used in industry is consumed. I’m quite optimistic about silver industrial demand outpacing overall economic growth for the indefinite future simply because, of the 92 naturally occurring elements, it’s the best conductor of both heat and electricity, as well as the most reflective and the second-most ductile and malleable.

As a result, there are new industrial uses for silver consistently being developed, some with the potential to add significantly to demand, including uses as divergent as a catalyst in fuel cells for electric motor cars, high-temperature superconductor wires, and as an anti-microbial agent.

Conclusion

Unless the reported numbers are wildly askew, there’s no question silver is going much higher in price. And that’s not counting the possibility of a monetary, crisis-driven mania, like that which took it to $50 in 1980. I have no reason to believe the numbers aren’t more or less accurate—although there are unknowns like the size of China `s silver stockpile. Given that China disgorged over 35 million ounces from its stockpile last year, on top of 50 million plus the year before—relative to the actual "10 million ounces or so per year in recent years" (to 2000, according to CPM)—it follows that China has certainly been depleting its stockpiles at an accelerating rate. And of course, as the Chinese economy continues to grow, so will its use of silver.

[campigirl]

Shoshone Silver ist eine Company aus dem Silver Valley !!!






http://www.silverstrategies.com/story.aspx?id=834 Silver, Silver Valley and the Silver Summit !

by Christian Wirth and David Bond

08/03/2005

Christian Wirth interviews David Bond, the American Silver analyst and owner of
www.silverminers.com about Silver, Idaho Silver Valley and the Silver Summit.


Wirth: Hi David, great to have you here. You as a real Silver Bull tell us how you found
your passion for silver ?

Bond: Well Christian, it began in the mid-1960s, when I was a teenager and the U.S. debased its coinage, taking out silver and substituting base metals. The real silver coins disappeared overnight. But there were still plenty of 1957 A and B Silver Certificates in circulation, so I began to accumulate them. These were issued by the U.S. Treasury, not by the privately-held Federal Reserve Bank. My objective was to exchange them for silver. But then the federal government reneged on its promise to redeem Silver Certificates with silver. My Silver Certificates became as worthless as Federal Reserve debt notes. So I have been watching, and when possible, accumulating physical silver ever since.

Wirth: What do you think about the current price of silver ? Which factors do you expect to influence the price in future ?

Bond: Even with two major silver projects set to come on line later this decade, another big one, the Rochester, will I am told be coming off-line. I believe silver will be demand-driven and that its price will rise accordingly. The Third World is gobbling up new technology like mad: you can go to Venezuela or China and everyone is using cell-phones and satellite technology. That means they’re using silver like mad. Silver has no peer as a low-cost conductor. But once that cell phone is replaced and tossed away, the silver goes away with it. Digital has been erroneously hyped as the death of silver in photography, because people don’t realize that this is a zero-sum game. By that I mean is that the vast majority of silver used in halide film is recycled in the developing process, so it returns right back to the market as “scrap.” I have heard varying figures on the efficiency of this recovery, but I believe it’s on the order of 80 percent or better. So if less silver is used by the film-making industries, then less silver comes back to the market as scrap. Silver’s future in health as a biocide, a water purifier, as a medicine, is simply enormous, and that silver won’t come back into the supply stream either. So I am very bullish on its prospects as an industrial commodity, and we haven’t even touched on silver as money, which could be the salvation of the Dinar and the Renminbi.

Wirth: You are living in Wallace, right in the heart of the famous “Idaho Silver Valley”, so please tell our readers what is so special about that valley ?

Bond: Wallace and several of its companies, from Hecla to Sterling Mining, have more than a century of silver mining history. Most mining camps producing silver live very briefly; the Comstock in Nevada was finished in something like 20 years. We’ve been going since 1884. Same mines, many descendants of the original families who came here from Europe. This has created a culture I find unique and fascinating. It’s a wonderful place to live.

Wirth: The Silver Valley has a long history of mining, is that right ?

Bond: Yes; almost 130 years. It’s had its ups and downs, but silver mining has gone on here continuously for that long.

Wirth: How do you see the possibilities for investors to invest in the Silver Valley ?

Bond: The possibilities are certainly out there. There are about 36 publicly traded companies with silver claims in the Silver Valley. They range from NYSE companies like Hecla and Coeur to Pink Sheet over-the-counter stocks which react very swiftly to movements in the silver price. Most are thinly traded and highly volatile. You must watch them carefully and be ready to act. Even a Big Board company like Hecla went in two years from being in danger of losing its New York Stock Exchange listing because of low share price to being the NYSE’s top performer, in 2002.

Wirth: As far as I understand you, the “Idaho Silver Valley” is the place to be for silver investors, comparable like Cortez for Gold or Athabasca Basin for Uranium ?

Bond: Well, Christian, we sure have a lot of it. The Silver Valley has produced in excess of 1 billion ounces of silver (more than the Potosi and Comstock districts combined) and geologists conservatively estimate there are at least another 1 billion ounces still in the ground at accessible depths.

Wirth: How is the current production rate of the companies from the Valley and which advantages does the Silver Valley offer to investors beside
the rich ore body of primary silver ?

Bond: Production here is moving upwards in response to higher silver prices. I see the Sunshine Mine resuming production in another 18 months or so, not originally at its former level of 5 million ounces per year, but it will be a significant producer again. Hecla’s Lucky Friday is thumping right along with production from recent development work. The people at Galena (Coeur d’Alene Mines) are catching up on their exploration and development work. We could, given the right price scenario, see silver production return to about 15 million ounces a year from the current level of about 5 million during this decade.

Wirth: How much silver is there still in the ground and what about the exploration ?

Bond: As I mentioned, there are easily another billion ounces, and that’s just from conventional exploration estimates. Now we have, and have begun to use, high-tech exploration means including satellite imaging, and IP, which means you shock the ground with electrical wires and measure the conductivity. The readings don’t tell you that there’s silver there, but they do tell you where to look for silver. Sterling is using these techniques around the Sunshine; New Jersey Mining is using them on their properties, and Silver Royal Apex has embarked upon a similar program on the north side of the Osburn Fault. It could be that there’s an extension of the silver veins offset on the north side of the fault. If that’s the case, we are looking at 3 billion or more ounces here. It’s simply phenomenal.

Wirth: David, 2003 you started to organize a conference about silver, the “Silver Summit”.
Please tell us more about it !

Bond: I can’t take much credit for it. The idea was originally Sterling president Ray DeMotte’s, and Shauna Hillman, who owns a photo shop here in the Silver Valley called Indelible Tidbits, really organized it. I just made a few phone calls. But we thought, with all these mining investment conferences being held in hotels in London and New York and San Francisco, shouldn’t there be one located where people could actually see the mines that were being talked about? And since all you ever hear about at these other conferences is gold, gold, gold in moose pastures up in the Arctic, shouldn’t there be one conference that focused on silver and producing companies? We didn’t know what to expect, but the first year was well-attended, and last year attendance more than quadrupled, to almost 500 people. I don’t know what to expect this year, but we have quite a list of presenters, from Richard “Mogambo Guru” Daughty to Pat Mohr of Scotiabank to David Morgan and Jason Hommel and Bernard von Nothaus, and we’ll be having workshops on silver as medicine and money. There will be boat cruises, live music, and opportunities for people to go underground in deep-shaft working silver and gold mines. The major silver CEOs from North America will also speak, and you’ll get a chance to meet then.

Wirth: When and where will it take place ?

Bond: It runs Sept. 22 and 23 at the Red Lion Templin’s River Resort in Post Falls, Idaho, about 30 miles east of Spokane, Washington on the I-90 freeway, and winds up in Wallace on the 24th with a day of surface mine tours, historical tours, and a celebration of the Center of the Universe, which for some crazy reason Wallace thinks it is. You can go on the web to register at www.thesilversummit.com, or call Jann Higdem at the Silver Valley Mining Association in Wallace, 1.208.556.1621 for more information. It promises to be a good time.

Wirth: David, thank you very much for the interesting interview.

[campigirl]

SHSH.PK (SHOSHONE SILVER)
http://www.shoshone-mining.com
Carol Stephan, director, 208-666-4070
18 million outstanding shares

[campigirl]

Das Silver play aus dem Valley ist noch günstig zu haben.
heute 12 % im Plus! Sobald Silber explodiert wird Shoshone auch Freude machen.

[AUGENTUMINVESTOR]

What About Silver Demand
by David Morgan
August 18, 2005


Recently, an article was posted on ResourceInvestor.com By Craig Stanley Titled: “Silver`s Near-Term Outlook” see http://www.resourceinvestor.com/pebble.asp?relid=11923

The article was a good summation of the work done by GFMS on their recent annual silver survey that has been commented upon by many including myself in The Morgan Report and Franklin Sander’s of The Moneychanger. http://www.the-moneychanger.com/entry.phtml

The basic premise is that all we need to do to analyze the silver market correctly is to look at the supply. If we focus on the supply of silver and realize that the supply is increasing primarily because the 200 million ounces of silver that used to come back into the market as photo recycling may be as low as 185 million ounces due to digital photography. Secondly base metals mining is up significantly and therefore byproduct silver is up as well. The increase of silver produced in 2004 was estimated to be 23 million ounces greater than 2003.

These statistics can be taken at face value, but as Franklin Sanders pointed out in his article it is amazing how these figures get re-worked without any explanation whatsoever. Regardless, the point is supply is what we need to place our attention.

The Resource Investor article states “silver has been in a continuous primary deficit since at least 1996 according to Canaccord, with the deficits made up mostly by net government sales.” And then it goes on to state;

The Canadian brokerage believes that if the new applications for silver become popular, the annual deficit could widen to as much 250 million ounces. But although this could “result in some interesting price dynamics for silver given current inventories of 600 million ounces,” they “do not see a pinch point in the near term.”

Again, we have this overhang of 600 million ounces of silver bullion which is simply a number produced by GFMS without much detail at all. In fact there are large discrepancies in this study and the one produced by CPM group in New York that will be out shortly. Not only do the two studies differ in the total amount of silver bullion available, but they also differ in the amount used annually.

However, I wish to bring up the point that demand is far more important than supply. It is a fact that approximately 1.5 BILLION more ounces of silver bullion existed in 1980 when the price temporarily went to $50.00 per ounce. Why? DEMAND my friends, yes demand for silver, call it investment demand, monetary demand, or I am scare to death of what this piece of paper might be worth tomorrow demand, but demand is what took the price higher.

Gold for example has a rather healthy demand and the amount of gold bullion supply is far in excess of the silver bullion supply. The Money Metals – gold and silver – have been recognized as stores of value for thousands of years of human history. Gold has certainly done its job; it has preserved wealth for those that have invested assets in this metal. Gold has appreciated in U.S. Dollar terms roughly the amount the Dollar has declined. In other words, gold has maintained purchasing power.

Things are not all that well in the financial system these days to even mainstream publications. I read most of the periodicals that North Americans read, and many such as Forbes, Forutne, Business Week, and others state plainly that there are problems with the Social Security system and many pension plans are in dire straights.

In fact not only are America`s Social Security finances strained, but look around the world: a major demographic tide of declining birthrates is pushing nations further and further away from the promises that they`ve made to seniors. As nations age, they have fewer and fewer workers to support more and more retirees.

Nations around the world are "grappling with the long-term affordability" of their pension systems, according to a World Bank report. China faces a demographic crunch. By mid-century, its population will be older, on average, than America`s, thanks to its one-child policy. Starting about 10 years ago, China responded by broadening a social security system and enlarging a private pension system of "enterprise annuities," states Richard Hinz, coauthor of the World Bank report.

India, also with more than one billion people, has been trying to enlarge its pension system beyond that for civil servants and employees of sizable corporations to those occupied in the "informal" and small-business economy.

However what people should really be concerned about is what the Mises Institute recently pointed out in an article about Social Security. The article pointed out that there is a popular misconception that there is some kind of "full faith and credit" obligation on the part of Congress to honor these Social Security "bonds.” The plain and harsh truth is most have been led to believe that the current system is a retirement program funded with segregated entrusted assets, the integrity of which is guaranteed and backed by the U.S. government.

The debate about whether there is a Social Security cash flow crisis in 2017 or 2042 also turns on whether those "bonds" have any value. The basic assumption is that the "bonds" in the fictitious trust fund somehow have value either for the U.S. or for workers and their families.

As the Mises website article states: A bond is just a contract. A contract is an agreement between two or more parties that creates an obligation to do or not do a particular thing, such as pay out interest at a certain rate. Thus, one may not enter into an enforceable contract with oneself, which is exactly what the U.S. is pretending to do with those social security "bonds."

For a bond to be a real bond, there needs to be at least two parties; for example, the U.S. and a citizen who owns a U.S. treasury bond; or the U.S., as owner of a German bond, and Germany. The U.S. cannot issue "bonds" to itself and have their terms bind future Congresses.

Bottom line: These Social Security "bonds" are neither assets of the U.S. nor property of workers and their families. In the not too distant future, you will have to ask yourself if the Social Security system will perform its function of providing any real security. You may decide to take action for yourself and depend on your own abilities. The ability of any government to be all things to all people is an illusion that will become a harsh reality to the general population over the next several years.

The $75,000 Social Security Solution

We know that we have many readers outside of the United States, and our discussion about Social Security may not affect them directly, but it could indirectly. Because so much of the world’s economic activity depends upon the spending power of the U.S., it should be factored into your thinking about the ramifications of the current situation.

Long-term studies of commodity prices have shown that over time, commodities return to their mean. This “average” price, however, can remain outside of this range for a very long time. Silver has certainly remained outside of its purchasing power range for the past 25 years, and remains so today. Therefore we fully admit that having this knowledge for the past quarter-century was of little practical value. However, things are changing rapidly in the world’s financial landscape, and the new silver age is rapidly approaching, first from a technological standpoint and later from a monetary and wealth building/preservation perspective.

After Warren Buffett announced his silver purchase in 1998, Forbes magazine ran a brief article on silver and included a very interesting graph. (visit web site http://goldinfo.net/silver600.html) This graph provided 600 years of silver prices in 1998 dollars. So, all the inflation is taken out of the equation, and the prices reflect silver’s true value. In constant dollars, silver’s purchasing power averaged $150 per ounce in 1998 dollars for 600 years. This is the average purchasing power for 600 years; obviously, silver has nothing close to that “value” today, which provides one unbelievable investment opportunity.

The question becomes whether silver will ever reach either the $150 nominal value or, better yet, the purchasing equivalent of the 600-year average? According to long-term historical standards it must, but will we all live long enough to benefit from this? The Silver Investor is on record as stating that silver could trade as high as US$100 per ounce in nominal terms and perhaps higher. It is our belief that this will most likely occur on a price spike and the price will quickly adjust downward but establish a new range, perhaps in the US$20.00 area. We are looking at 2007-2008 as the area for a large price spike, but not the final spike. We will need to study the market activity to make our best call at the time.

Coming back to the Social Security discussion, what this system is supposed to do is provide a sufficient income stream to keep the contributors in a comfortable retirement for the rest of their days. The amount of $150 per day equals $4500 per month in purchasing power, or $54,000 per year—certainly not a huge income but sufficient in purchasing power for most Americans to retire upon. To obtain this level of income from “safe” T-bills would require over $3 million at 1.87% yield. Compared to 10,000 ounces of silver bullion that would cost roughly $75,000, it certainly is a risk profile that demands serious consideration. Very few of our readers will have three million in cash equivalents saved by the time they retire. However, in this hypothetical study, if you did have that amount saved, a mere 2.3% weighting would be the $75,000, or about ten thousand ounces in silver bullion today.

Before you think the Silver Investor has completely lost it, consider the fact that for centuries silver was used as money and the average worker earned roughly an ounce per day. One ounce of purchasing ($150) could be considered valid, using the 600-year average we are discussing. Ten thousand ounces is equivalent to 10,000 days, or, roughly, 27 years. This amount of silver would provide a safe retirement in days gone by—and perhaps a safe retirement in the future?

What makes this exercise so interesting is the amount of people that could actually secure their future in silver. With 110 million ounces on the Comex, only 11,000 people could own enough silver in historic terms (10,000 ounces). This theoretical demand is all it would take to buy the COMEX inventory! In monetary terms 110 million times $7.00 USD would be $770 million.

Compare this to what Social Security holds, the $1.7 trillion in “bonds”. The amount of paper promises outstanding versus the amount of real money in the world is staggering, and at some point the two will start to close in on each other as a very small percentage of people wake up to the economic reality that has been pointed out recently by Paul Volcker and even the World Bank. Simply, the world faces energy, monetary, and cultural problems ahead.

Silver: Precious Metal, But Precious Little

One of the most incredible truths about silver is that demand has outstripped supply for fifteen straight years. This trend is projected to continue for at least the next several years. Annual silver supply deficits have run as high as 200 million ounces in boom years, and as low as 40-70 million ounces in recent years. It is important to realize that even in years of decreased silver demand, the mining supply on an annual basis did NOT meet demand. As Ted Butler is fond on stating “There is nothing more bullish for a commodity than such a deficit condition.”

Another fact that is extremely bullish, but generally unknown, is that there is actually less silver bullion available for investment than gold! This one fact alone should alert any intelligent investor into thinking that some silver must be held as part of one’s precious metals allocation.

According to the CPM Group`s Silver Survey 2003, there are approximately 400 million ounces of silver bullion and 2 billion ounces of gold bullion.1




Before moving on, it is important to qualify this fact. First, this comparison is between gold bullion and silver bullion. In both cases, we are not talking about jewelry or art forms of the metals. However, to clarify the point, if silver coinage was added to the silver bullion, the total would still be approximately one billion ounces. This is less than one-third of the gold supply, if we count both gold coin and gold bullion.

The reason most of my analysis is on silver bullion is because the price for silver (and for gold) is set in the Futures Market for .999 fine bullion. This means this subset of silver is the most critical not only for price-setting purposes but also for industry. Certainly, silver coinage does matter and the amount, although small, will play a role it determining the price of silver in the years ahead.

Many people demand proof that the silver situation is as bullish as is being presented. Many investors perhaps overlook this exercise. Gold is still held by many governments . . . silver is held by virtually none. China and India do have some silver inventory, but it is considered to be minimal, at best. One easily verifiable fact is that the United States government is now totally out of silver at this point in time and now must go to the open market to purchase silver to continue its Silver American Eagle coin program. Think about this for a moment: The U.S. once held 2 billion ounces of silver . . . and now has none!

The silver market is not only much smaller than the gold market physically, but it is also true monetarily. The total amount of silver, in price terms, might equal eight billion dollars (factoring in bullion and coins). Whereas gold bullion and coins would be worth well over a trillion dollars, this fact displays itself in the price action of the two metals. Silver is far more volatile than gold and, thus, investors should bear this in mind. However, as the precious metals markets continue to gather strength throughout this decade, just a small increase in new silver purchases could have a far greater impact on silver prices than the same amount of money invested in gold.

In studying the silver market for nearly my entire life, I have reached the conclusion there will not be a sustained or substantial increase in the price of silver until the physical supply is so small that the commercial users sense a coming shortage. At that point, silver will show price strength that few believe possible at this point. Why? Because, at that point, silver users in the defense, automobile and electronics industries will all be competing for silver at the same time that investors will sense the profit potential. It is with this understanding that I build my case that silver offers one of the single best long-term investments today.

David Morgan

http://www.silver-investor.com/davidmorgan/dm_aug05_whatabou…

[campigirl]

Chart sieht wieder gut aus . Die Bodenbildung ist abgeschlossen, 50 cent wir kommen!!!

[Leh007]

Achtung Shoshone vor dem Abflug !!!

[Khampan]

@ Leh007
ich bewundere deine prophetischen Fähigkeiten



Noch jede menge Luft nach oben.

Khampan

[Leh007]

Hi,

das hat mit Prophetie nix zu tun.
Im laufe meiner bisherigen Börsenerfahrung bzw Charttechnik
habe ich folgendes gelernt :

Wenn
1.) Ein längerer Boden wird gebildet
2.) Erste Käufe mit stark steigenden Umsätzen und Kursen
2.) Dann nach einer gewissen Zeit die 100 Linie schneidet die 200
von unten nach oben und dann später die 200 ist steigend

Dann kann man zuschlagen

[heinzhenning]

Shoshone hat das Zeug wieder auf 3 Dollar zu gehen.

Strong buy

HH

[heinzhenning]

Shoshone Silver and Minco, Plc Enter Into Option and Joint Venture Agreement
Thursday March 16, 1:05 pm ET


KELLOGG, Idaho--(BUSINESS WIRE)--March 16, 2006--Shoshone Silver Mining Company (OTC:SHSH - News) announced today a three part option and joint venture agreement with Minco, Plc, to advance Shoshone's Bilbao silver-copper-zinc project located in the Panfilo Natera mining district, 56 kilometers southeast of the city of Zacatecas, Mexico.
ADVERTISEMENT


Under the terms of the first option of the agreement, Minco, upon payment of $100,000 and the issue of 1.2 million Minco shares, will have the exclusive right to carry out exploration and development of Shoshone's Bilbao properties at an initial cost to Minco of $500,000 during the first 6 months of the agreement. The first option also includes the preparation of an updated feasibility study of the properties by Minco. After 6 months, the second option of the agreement calls for an additional payment of $300,000 to Shoshone and a further expenditure by Minco of $500,000 during the following 12 months. Under the third option, by meeting the above commitments, Minco will earn a 75 percent interest in the Bilbao properties. Additionally, under the terms of the option agreement, Minco will be the sole operator during the exploration and development phase. After the exploration and development period, if Minco elects to complete a bankable feasibility study, a new company will be formed by Shoshone and Minco to mine the Bibao properties and operate a joint venture agreement. When the new company is formed, Shoshone will retain a 25 percent interest in that company.

"This option and joint venture agreement with Minco is an excellent step in Shoshone Silver Mining Company's drive to move from being an exploration company to being a company with producing mining projects in the United States and in Mexico," said Shoshone president Lex Smith. "Minco, Pls. is a strong and dynamic mining company, and this joint venture with them to develop and mine Shoshone's Bilbao properties bodes well for the overall future success of the company."

Shoshone Silver Mining Company was founded in 1969 as a silver exploration, development and production company centered on its Lakeview Mine and Mill, south of Lake Pend d'Oreille in northern Idaho. Shoshone has acquired several formerly producing precious and base metal properties in northern Idaho in preparation for a return to production at Lakeview. Shoshone also maintains a diverse portfolio of mineral exploration projects across the western United States, as well as the Bilbao properties in Mexico. Shoshone stock trades on the OTC Market under the symbol "SHSH".

[heinzhenning]

http://www.shoshone-mining.com/

[heinzhenning]

Die perfekte Silberrakete fuer diesen Markt.

Klein und schnell!

[heinzhenning]

silber auf über 13 Dollar! Shoshone goooooo!!!!!

[silberbraer]

Silber bei 14 !!!

Shoshone = strong buy!!

[MODzart]

!

Dieser Beitrag wurde moderiert.

[Pitschmitz]

Sehr interessanter Silberwert. Ist gerade in Produktion gegangen.

Vor kurzem listing an der otc-bb! Sieht so aus, als das da was am Brodeln ist!


http://www.shoshonesilvermining.com/

[Khampan]

an einem Tag wie heute gibt es natürlich viele Gewinner, aber dieser hier hat noch den Vorteil, daß der weitere Kursverlauf recht übersichtlich erscheint, siehe Chart etwas weiter unten:
Nachdem wir das letzte Top von 0,40 USD genommen haben, ist das (vorläufig) nächste Ziel 0,80 klar vor Augen.
Falls es nochmal auf 0,30 runtergeht, werde ich bedenkenlos nachkaufen.