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

To: farkarooski who wrote (5050)5/8/2002 10:33:02 AM
From: Canuck Dave  Read Replies (2) | Respond to of 8010
 
Probably the cash costs for each company.

If company "A" produces silver at 4.30 an ounce, then they start making money at that point. Company "B" may need 4.80 an ounce, so their leverage kicks in at that point.

There are others who are much more knowledgeable in this area. Ask Claude (though he doesn't like any US silver producers, LOL) or russ.

CD



To: farkarooski who wrote (5050)5/8/2002 10:41:05 AM
From: Claude Cormier  Read Replies (1) | Respond to of 8010
 
<SSRI up 10%, SIL up 20% and PAAS up 40% from the beginning of the year>

You are missing BAY. Up 100%++

<why is there such a big difference ???>

1) Anticipation of higher silver prices which so far have yet to materialize

2) specific changes in these companies.

3) Better understanding by the market of what these companies really have


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