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


To: Bruce Robbins who wrote (3733)8/31/2001 9:26:21 AM
From: Alan Whirlwind  Read Replies (1) | Respond to of 8010
 
Unless energy costs come down, in 10 years there may not be be any--it will all be secondary silver. Current mines will be exhausted and who's going to spend much $$$ exploring for $4 silver?



To: Bruce Robbins who wrote (3733)8/31/2001 3:43:24 PM
From: Claude Cormier  Read Replies (1) | Respond to of 8010
 
Bruce,

There is only one that will do reasonably well.. Corner Bay..all others will move out of business or dilute at infinity.

BAY will produce 35-40M ounces of silver equivalent in its first two years of production at an average cost below $1.50. The following 3 years, they will produce 25M ounces of silver equivalent at a cost near $3.25-$3.50.