Mar 08, 2018 Guest(s): Bradford Cooke CEO, Endeavour Silver
The forecast calls for a multi-year decline in new mining supply of silver, said Endeavour Silver CEO, Bradford Cooke."Silver is the one metal that is primarily a by-product of copper, lead, and zinc mines, and in a five-year commodity bear market, there are no new copper, lead, and zinc mines," Cooke told Kitco News on the sidelines of the PDAC 2018. Cooke noted that silver prices for the short-term are already "baked in" as he expects silver to trade in a similar price range in the coming months, with low volatility.