Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Silver prices -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (3047)	11/3/2000 1:51:28 AM
From: goldsheet	Read Replies (1) \| Respond to of 8010

I know you like silver, so you might enjoy this production table. It is a little outdated (1998) but still gives you a relative ranking. BHP Minerals is now producing 33.2moz (1033 tonnes) from Cannington, so they now are probably #2 on the list. polishcopper.com

To: long-gone who wrote (3047)	11/3/2000 2:44:29 AM
From: marcos	Respond to of 8010

Pawn shops have leverage yes, but they use you as the fulcrum -g- There was a question on paa/paas hedging, don't know what it is lately since they wrote off the majority of Dukat but this from their 3Q99 - "Pan American is currently debt free and unhedged in silver. These conditions will change in 2000 due to the $60 million Dukat project loan, which Pan American will guarantee until the project meets certain completion tests, and to the Dukat lenders' requirement that Pan American hedge approximately 50% of Dukat's annual silver production during loan pay-back period (average 4 years) to ensure a floor price. Pan American will not hedge more than the amounts required under of the Dukat loan and will disclose clearly its hedge position when it is put in place in 2000." panamericansilver.com