Dundee Capital continues its long-term bullish stance on silver but warns of continuing...

|By:, SA News Editor

Dundee Capital continues its long-term bullish stance on silver but warns of continuing volatility: "The battle against costs for the silver producers is a constant struggle as the majority of mines are of the underground variety that inherently have higher operating costs... In the short term, volatility is a reality," as Q2 average silver prices dropped to $29.51/oz. from $32.59/oz. in Q1.