SI
SI
discoversearch

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.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: AnthonyD who wrote (43326)7/14/2011 3:23:15 PM
From: Spekulatius1 Recommendation  Read Replies (1) of 78652
 
Anthony - this sounds like a steep drop. I am sure you are aware that Silver is produced mostly a byproduct in mines that have another primary product. As such, you only get the natural decline (which usually is alleviated by mine extension projects if prices are favorable) but not the inevitable by-production of Silver that results from the startup of mines targeted other ores.

Since silver is a byproduct, it's going to be difficult to estimate the silver production from mines starting up, but I am sure it's going to be substantial. As such, i think your estimate overshoots on the production decline.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext