21.10.2010 - Silver: Third time lucky?
From Financialpost.com: Maybe it will be a case of third time lucky, because the two previous silver bullion funds haven't ended up with a vast amount of proceeds -- and certainly much less than what gold bullion funds from the same family have raised. That's the task ahead for the just-launched Sprott Physical Silver Trust, which will use the net proceeds to invest in physical silver bullion. Specifically, 97% of the proceeds will be invested in the fund, with the rest being used to pay expenses..............................................Full Article: Source
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