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

To: koan who wrote (7037)	2/21/2005 2:10:22 AM
From: koan	Respond to of 18308

SUBJECT: low grade is a type of leverage Posted By: charles99 Post Time: 2/21/05 02:06 « Previous Message Next Message » There is a silver deposit in Main called the Big Hill. It has a billion oz of silver, but only 1 oz per ton. It costs $10 an oz to get it out. So if silver is less than $10 it is worthless. If silver is $30 it is worth $20 billion. BWR probably has a lot of low grade ore they can mill at these prices. In fact they state that is a new policy they are instituting. Brings more total wealth to BWR. They also had just finished increasing the Toqui milling capacity and now they find real rich ore to mill in it. Myra falls and Toqui look like the work horses. But they really have lots of nice rich ore it looks like. I think silveris ready to run. $7.42 tonight. BWR will produce about 3 million oz of silver. So each dollar silver goes up is $3 million more for BWR; and each penny of zinc is 3 million. And now Myra falls will produce 14% of thier ore as copper which is at 16 year high. And Toquie is going to produce something like 40,000 oz of gold. Lots of money coming in. For stock investments that is a good thing-lol. And they get to mill a lot of very low grade ore, they must have been stockpiling for years at a profit. Seems like all of the mining companies are going to do well and have lots of money to buy other ocmpanies out. The 2nd world industrial revolution will takes lots of steel! NewsBlast Sign-Up StockHouse NewsBlast: Receive company sponsored news and information via email. « Previous Message Next Message » This message (Post #9185534) has been viewed times Report a BullBoards Violation Ignore charles99 Post Reply View Threads Go to BullBoard: Symbol Company Name Search by Post ID: Related Links Free Weekly Options Newsletter Specific high-profit investing advice. Reports for stock options, call options, put options, covered calls, LEAPs. Sign up for free reports ... www.ultimateoptionstrategies.com Learn to Trade from Real Traders Optionetics: A world leader in options trading education with thousands of students worldwide. Learn high-profit, low-risk strategies, using ... www.optionetics.com A Stake in the Outcome Learn how open-book management and Jack Stack's new business book, "A Stake in the Outcome," can provide employees with effective stock opti ... www.astakeintheoutcome.com Want an Online Broker You Can Trust? Harrisdirect offers you award-winning investment tools and a variety of investment options, including stocks, bonds, options, mutual funds, ... www.harrisdirect.com ortfolio BullBoards News Markets Mutual Funds Commodities Products & Services The StockHouse Network: Copyright 2005 Stockgroup Media Inc. All Rights Reserved. Disclaimer / Terms of Use - Privacy Policy Charts provided by Stockgroup. Intraday data provided by ComStock Inc., a division of Interactive Data Corp. and subject to terms of use.