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


To: Alan Whirlwind who wrote (3736)8/31/2001 10:27:05 AM
From: Bruce Robbins  Respond to of 8010
 
The reason I am asking this question is simply:

1) to find out the silver producers that could survive a lengthy period of irrational silver prices.

2) to dispel the negative sentiment caused by digital camera usage and give us a reason to be bullish on silver over the long term.

When you look at it, silver price is behaving as irrationally as gold price.



To: Alan Whirlwind who wrote (3736)8/31/2001 3:47:35 PM
From: Claude Cormier  Respond to of 8010
 
PAAS will likely survive at US$4 silver... but they are in the red at $4.25 and must issue more shares on a continual basis. So they would have to dilute regularly so their stock would go down.

Zinc is also an important component for them.. and with the global recession in progress ...the trend in zinc prices is down.