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

To: long-gone who wrote (2454)	1/20/2000 9:52:00 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 8010

<<I thought with recent acquitions & shut downs, they were closer to 70%, BWDIK? & according to last thing from the HL I thought they were now around 30-35%. >> It is possible Richard, I haven't read recent releases. Agreed on SSC... they could get back on track if they find a buyer and get good cash for Pirquitas. And also agreed, some gold producers have very good silver exposure. But they need higher metal prices, something not guaranteed in the near future.

To: long-gone who wrote (2454)	1/21/2000 1:19:00 PM
From: goldsheet	Respond to of 8010

> Shouldn't it also be mentioned the amount of silver in some "gold plays" - HM & ECO? Lots of silver in copper and gold mines, with very few primary silver mines. BHP should be the largest silver producer with Cannington at full production of 24 million ounces. Rio Tinto is at 16moz, but they also produced 2.8moz of gold and lots of copper. Homestake does about 11moz AG, 2.4moz AU, which are worth about $55M and $700M, making HM about 7% silver - mostly from Eskay Creek BC. ECO does about 10moz AG, .5moz AU, which are worth about $50M and $150M, making ECO about 25% silver. TVX and Kinross also have significant silver production.