Endeavour Makes Smart Bet on Price of Silver

Mining Weekly reported that Endeavour Silver (NYSE:EXK) guessed correctly that silver prices would rally in early 2012.

As quoted in the market news:

Silver prices toppled sharply from over $40/oz in late September to below $30/oz at the start of October, ultimately sliding down to $28.18/oz just as the year came to a close. Since the start of 2012, prices have rebounded to $32.93/oz, after a weak performance in March.

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