by Mark O’Byrne
GoldCore
The silver price is set to surge 800% or “ninefold” in the coming years due to global industrial and technological demand, the “gadget boom” and tight supplies according to a leading mining executive, of First Majestic Silver Corporation.
[…] Silver “supply concerns” could “boost the metal’s price ninefold”, according to the CEO of the best-performing producer of the metal as reported by Bloomberg.
Neumeyer, the E&Y Mining Entrepreneur of the Year 2011 said that a major Japanese electronics maker had approached First Majestic Silver Corp. for the first time last month seeking to lock in future silver stock: