Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Frank Pembleton who wrote (92569)	7/19/2001 11:15:55 AM
From: Tommaso	Read Replies (1) of 95453

I hope you are right, but I have been holding PAAS for years and it has never gone anywhere, Buffet, Fleckenstein, and others notwithstanding. But maybe the silver market is still like the stock market in the early 1950s: terrified of the old speculation and crash of 20 years before. By the way, two weeks ago I visited a mine in Idaho and found out that silver isn't even refined in the U.S. now. The ore is trucked out and shipped to Japan in barges for refining. I don't know what this tells us, if anything. Mining is nearly moribund in the US because of the low prices.

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