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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (23582)8/15/2011 3:08:03 PM
From: The Reaper  Read Replies (1) | Respond to of 219175
 
They produce a lot of silver from their Cerro San Pedro mine in Mexico as a by product. That's what keeps their cost of production so low. Their cost of production net from that mine for the first six months of this year was $18/oz. However the drop you're referring to IMO was a reaction to in-line earnings announcement on 8/4. I was a buyer yet again on that drop.