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

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To: Bill Jackson who wrote (12258)11/1/1999 12:12:00 AM
From: Claude Cormier  Read Replies (1) of 14627
 
<< if there have been 40,000 tons of gold produced in recorder history, at 100:1 then that is 4 million tons of silver = 96 billion ounces ? >>

The number for gold is 133,000 tons.

For each ounces of gold in the ground there is at best 10 ounces of silver. It is only logical to think that silver production has reached so far 1.33 million tons...

I don't know where you take the 100:1 ratio. It is more like 6:1.

There was a major article on the silver/gold production ratio on Gold-Eagle.
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