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Gold/Mining/Energy : Silver prices
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To: Bruce Robbins who wrote (3733)8/31/2001 3:43:24 PM
From: Claude Cormier  Read Replies (1) of 8010
 
Bruce,

There is only one that will do reasonably well.. Corner Bay..all others will move out of business or dilute at infinity.

BAY will produce 35-40M ounces of silver equivalent in its first two years of production at an average cost below $1.50. The following 3 years, they will produce 25M ounces of silver equivalent at a cost near $3.25-$3.50.
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