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Gold/Mining/Energy : Silver prices
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To: long-gone who wrote (1375)11/17/1998 10:54:00 AM
From: Claude Cormier  Read Replies (1) of 8010
 
Richard,

Am surprised that Echo is your silver play....you get only small leverage with Echo's diminishing silver production and large number of shares outstanding. Gold production is 4 times greater than silver production. A $1 increase in silver prices will cause an increase in cash flow of no more than $.05/share.

SIL is very interesting, but will not be producing before another two years. I like PAASF and FSR. FSR was in fact the best performer in the last silver rally.
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