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One year target price is $6.51 so if you buy at $5.87 you can realize 10% gain in a year. So some people don't know better as to start buying up HL - this explains the pop.
My one year target is significantly higher than $6.50. My target is $10.50, and when silver rises above $40, I will raise my target.
I do think that silver will be $40 by Q2 2013. But that is not a good reason to be buying HL.
I only have a few shares of HL, just for diversification.
No guarantee it will hit 10.50 either. Jess rambling by yous. Bung-ho-kai!!