Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Sawdusty who wrote (2976)	1/9/1999 5:47:00 PM
From: Bill Murphy	Respond to of 82220

Dan, Yes it has. Just the beginning. Luck of the Irish. Actually it is quite simple. In this environment they got $2 million( without dilution of any consequence, a few warrants only )to start silver production which they can do for $2 to $3. Their costs are in pesos which should go down. Maybe way down if Peabody is right. Producing 60% silver, 30 % gold , 10% zinc, these plays are very hard to find. Many so called silver plays are really 20 to 40 % silver producers. They are now cash flow positive at $5 silver and tonnage output going up daily. I have been at this sort of thing for some time and have rarely had the good fortune to find a gem like this. Never one so cheap. Bill