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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Proud Deplorable who wrote (29388)5/3/2004 11:48:12 PM
From: jimsioi  Read Replies (1) | Respond to of 39344
 
ralph-emerson, on miners withholding metals

I think you raise a very good point and hope the Silver's follow the lead of GG, and that GG learns from what its shareholder apparently told them loud and clear....they aren't that interested in earnings per share as much as they are to seeing the share price in a growing part backed by metal in the vault.

Agree, the Silver's ought to hold metal mined off the market to the extent that they can without otherwise funding operations and expansion by debt or share offerings....Perhaps, it's only the richest that can afford to do that....ie. GG.

Certainly hope otherwise is the case and that managements will wake up to this alternative path to improving their share price and ultimately that of Silver.