Corner Bay Silver (BAY.T) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Corner Bay Silver (BAY.T)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: brian krause who wrote (3685)	4/1/2002 2:38:30 PM
From: IngotWeTrust	Read Replies (1) of 4409

You don't understand the benes of plated gold recovery. Gold is always plated onto a recoverable substrate. Customarily, the substrate is 4 to 10 times the micron thickness of the more valuable gold plating sitting atop. To put this into ounces, for every OUNCE of gold I'm recovering I'm recovering between 4 and 10 oz of silver, 4-10 ounces of nickel, 4-10 ounces of copper, etc. The only cost I'm out is chemicals, some solar power and shipping costs for refined product through put...as I said, less than $20 per troy ounce cost and the silver, nickel, copper is all negative cost "by products" as you call them. Sometimes I'm out a modest acquisition cost per ton, but by and large the crap is discarded and donated due to the obsolescence habit of product cycles and fashion whims. Looks like Dine's reco hasn't brought in the hoards of unwashed suckers at the top here prior to the latest version of a study to help push you all through the $4 level which croupier's counting on inorder to bail out at the "$20 level"...<snicker> middle to latter part of this month, right CCC?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next