While gold is being focused at this moment and gold stocks have appreciated in prices fantastically
silver has not performed as well. When I first thought of investing, silver was obviously my second choice than gold because we regard it as a metal that is avaliable plentifully compared to gold.
However, as Edgar Steele's mentions that unlike gold that stays on the earth due to its main use (as decorative) silver disappears as it is used for items such as electronics in addition to be useful in the medical field. Hence, silver will become much more rare and precious as time progresses and the demand increases as supply decreases.

John Embry of Sprott likes silver more than gold and on their recent report indicates that although "we love gold, we think that silver may possess considerably greater upside in the near term" (please read page 9 of their quarterly report for reasons).

I also came across some interesting information regarding the history of silver. I had thought that gold has always been more precious than silver throughout history; however, the Egyptians had loved it even more than gold. Silver was so rare that its value was twice more than gold at the time.

Silver has once gone from $4-$50 and now sits at around $12. The highest gold has gone to is $850
and now sits at over $600.

Here are some silver stocks that are on my list of candiates:
* these are exploration stocks, hence are speculative with a lot of risk
 and buy on weakness, sell on strength :)

1. Great Panther resources v.gpr
Silver is regarded to be best in mexico. The company recently became a producer with excellent grades, and are aiming to become one of the top 5 silver producers in the world. I believe they have a target production of over 3 million ounces of silver.

website: http://www.greatpanther.com/s/Home.asp
recent article: http://www.nrinvestor.com/SSIMPantherFaxAlert0605.pdf 

2. ECU Silver v.ecu
This is the fastest growing silver stock, appreciated over 1000% this year. They are once again located in Mexico and are consistently bringing out more news, more results. The only thing is that it is already relatively known. *was mentioned in the June issue of  Investor's Digest. Might buy it if it hits $2.00

website: http://www.ecu.ca/s/Home.asp

3. Mineras Andes v.mai

What makes this one unique is that they are located in Argentina unlike most other silver stocks.
Rob McEwen of Goldcorp holds approx 30% of the companies shares as he believes there are a lot of potential in the region. They will be drilling this summer. I just also found out that Argentina means silver
in their language. Still thinking about this one.

website: http://www.minandes.com/s/home.asp

4. Scorpio Mining v.spm

This stock is rather slow and I was concerned that the stock hasn't performed much in the last 2 years compared to the other juniors. However Irwin Micheal of abc funds believes in the company. He has it in his new dirt cheap fund and mentioned that they might be able to do something big. Other than that, the company has consistenty found high grade silver.

website: http://www.scorpiomining.com/s/Home.asp

5. Bear Creek mining

I was trying to buy this today as the Peru election ended but everyone thinks the same way and it went up. This is undervalued because of political risk. Peru has great potential for silver and their resource estimate is 250 milion ounces of silver! worldclass.  I am going to try to buy this again, hoping for it to go down. Silver Wheaton has purchased about 10% of the shares last summer.

website: http://www.bearcreekmining.com/s/Home.asp


At the current moment, I am more into gold than silver as the market is saying to buy gold. But there will be a lot of upside to silver in the near-term especially during the fall this year. If you like gold more than silver, please take a look at Aurelian resources (v.aru), there will probably be nothing like this stock for another while. I will add the link to the interview/article of geologist and founder of aru at the bottom since he is very smart and informative. I am not saying to buy this stock as it has gone up 2500% in a few months. They have 30 targets in Ecuador, and have only pulled 4 good holes. There will be much more drilling happening. I am going to buy a bit more if there is a dip. Other Ecuador plays are v.gml (CEO seems unreliable tho) and v.orr and v.cpp and v.nvt  which have gone up basically because of Aru's influence. I don't own any of them as I would rather buy more aru.... Please note, Ecuador has political risk. Happy Investing

*John Embry will be on robtv June 13th* -->he recommended aru under 0.55



Silver article: http://www.conspiracypenpal.com/columns/peak.htm
Sprott semi-annual report: http://www.sprott.com/pdf/reports/2006_Q1.pdf
Dr. Keith Barron interview: http://www.financialsense.com/Experts/2006/Barron.html
Dr. Keith Barron article: http://www.financialsense.com/editorials/barron/052502.htm