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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: Spark who wrote (1989)7/1/1999 2:47:00 PM
From: Claude Cormier  Respond to of 8010
 
FSR is a producer. Forecast production for 1999 is close to 3M ounces of silver with an average cost below $3 pe rounce. These are Mexicans and operate the San Martin mine where the resources stands at 65M ounces and the proven and probable at 15M ounces. The stock is C$0.80 or so, lat year profits were $C.0.09 per share.

firstsilver.com



To: Spark who wrote (1989)7/1/1999 5:08:00 PM
From: long-gone  Respond to of 8010
 
Spark,
Welcome to the dark side. No, just kidding. Can't say I know that much about FSR.T, but they do produce. As for their claim of being "the only pure silver play", I'm guessing they also produce some other metals at least as as impurities from their ore.
They do make a profit, but I'm trying to stay with those traded in the US, for good or bad, for now. There is a notable prejudice against companies traded outside the US. While I don't agree with it, I do understand it is true, for now at least.
I feel in the first batch the better gains may be on those traded inside the US on the 3 major exchanges.bwdik?
I have a few in Canada also.