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


To: Richard Mazzarella who wrote (2640)3/6/2000 4:24:00 PM
From: goldsheet  Respond to of 8010
 
I wonder if a consolidation in the Silver Valley might be what silver miners need ?

ASARCO and Coeur d'Alene put their properties together and Coeur eventually bought ASARCO out after they merged with Grupo Mexico.

If Coeur contributed the Galena and Coeur mines, Hecla contributed the Lucky Friday, and Sunshine contributed the Sunshine to a new company like "Idaho Silver" would there be enough cost savings and stock visibility to get these assets properly valued by the market ?

In the real world, the three companies probably could not agree with each other as to percentage ownership for the contributed assets.