SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Corner Bay Silver (BAY.T) -- Ignore unavailable to you. Want to Upgrade?


To: s.jennings who wrote (1530)10/19/2000 8:37:31 PM
From: ahhaha  Read Replies (1) | Respond to of 4409
 
If you were a mining company would you invest in any declining asset? If the POS declines, supply comes out of woodwork and swamps the demand. You have implicit in your argument a ceteris paribus which assumes that supply doesn't increase, but doesn't price fall because of increasing marginal supply relative to marginal demand?