Pacific Rim Mining V.PFG Message Board

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Gold/Mining/Energy : Pacific Rim Mining V.PFG

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To: Bill Jackson who wrote (12254)	10/31/1999 2:29:00 PM
From: Claude Cormier	Read Replies (1) of 14627

<<There are supposed to be as many as 20 billion ounces of silver in India as jewellery? >> I estimate that no more than 35-40 billion ounces of silver have been produced since day 1. A lot of it has been consumed. The photo biz now consume 1 billions every 4 years and most of it is not recovered and lost. This market sector alone probably consumed 7-10 billions ounces (if not more) alone in the last 50 years... no ? You think that 20 billions in Indian Jewellery is possible ? Seems to me like a huge number.

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