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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?

To: blind-geezer who wrote (1005)	12/18/2004 12:40:14 PM
From: goldsheet	Respond to of 18308

> the market cap is only 612 million ... i have $808m finance.yahoo.com > severely undervalued ??? 808/446.4 = about $1.80 per ounce of silver reserves. seems about right to me. "Based on $5.75-per-ounce silver, $1,100-per-tonne zinc and $660-per-tonne lead, the project is expected to have average annual production of approximately 22 million ounces of payable silver at an average cash operating cost of about $1.31 per ounce in the first five years following commencement of operations planned for the second half of 2007. " biz.yahoo.com