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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.80

+0.9%

Nov 19 4:00 PM EST

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To: long-gone who wrote (9132)	4/1/1998 12:46:00 PM
From: Mark Bartlett	Read Replies (1) of 116764

Richard, <<then are the silver producers the "big" producers?>> According to the silver institute, primary silver producers account for about 17% of silver production ... the rest is a by-product of copper, zinc and to a lesser extent gold. <<I notice my silver issue(one of the larger silver plays) also produces gold. does this muddy the water, or clear things up?>> They will get a gold credit .... it boils down to which of the metals they are primarily after, and which is a nice little bonus. FSR produces a very small amount of gold - but they are very much a primary producer of silver. PAA is primarily a silver company - but they are moving into gold too as a primary metal in some of their mines/exploration. The Silver Institute has a good overview at: silverinstitute.org All the best, MB

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