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Gold/Mining/Energy : Silver prices
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To: Claude Cormier who wrote (2810)4/27/2000 11:59:00 AM
From: goldsheet  Read Replies (1) of 8010
 
If CDE can buy the Sunshine Mine cheap enough, there are
synergies with their current Silver Valley operations that
might make it viable, even at $5 silver.

Operations at the Sunshine Mine
-----------------------------------------------------
For the year, total silver production was 5.2 million
ounces, compared to 5.8 million ounces in 1998. The
associated cash production cost was reduced by about $0.07,
from $4.43 per ounce last year to $4.36 this year,
primarily as a result of reduced smelter and development
costs
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