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Gold/Mining/Energy : Silver prices
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To: Alan Whirlwind who wrote (1931)6/27/1999 9:49:00 AM
From: ForYourEyesOnly   of 8010
 
Hi Alan,

There may be some mines that can run at those costs.....but many more that cannot. Those will have to shut down, yes?

I am not saying they will ALL shut down, just those that can't hack it. And I'm sure that as gold goes lower, the number that can keep producing must go down quick. It probably looks like an inverted pyramid...lots of expensive gold, but not much that can be mined for so little....

After all, gold is a commodity, and certainly never will go to "$0"......

THC
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