Silver News Weekend Roundup

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Penoles' Silver Unit Fresnillo to Raise $900 Million

Industrias Penoles SAB, the world's largest silver producer, plans to raise about $900 million by selling shares in its Fresnillo Ltd. unit to expand mines and cut debt. Penoles rose to a record on the Mexico stock exchange.

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Precious Metal Surprise: Silver a Real Comer

Hi-o Silver! After years of being thought of as a backwater of precious metals, and even threatened with demotion to an industrial metal, silver is back in the spotlight. The effect on common date silver coins couldn't be more welcome to collectors and investors, and is helping the market as a whole.

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Alberta Star Intersects 3.0 Meters of 25.3 g/ton Silver at the Camelback IOCG & Uranium Target

Alberta Star Development Corp. (OTCBB: ASXSF) is pleased to report that the Company has received assay results from the final four holes of a seventeen hole drill program from the 2007 summer/fall drill program at the Camelback IOCG & uranium target. The Company encountered 3.0 meters of 25.3 g/ton silver in drill hole number CB-07-08.

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PRECIOUS METALS: Gold, Silver Plunge

Silver futures for May delivery fell 35.3 cents, or 2 percent, to $17.69 an ounce, capping a 0.4 percent decline for the week. The metal is still up 19 percent this year.

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COT Silver Report - April 11, 2008

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Fundamental analysis for precious metals silver

Silver moved yesterday in the upside trend until the key resistance level at 18.40s. However as it lacked the strength to breach the mentioned resistance level, it fell to hit the critical support level at 17.85. Therefore, we expect silver to continue in the downside direction.

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