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Old 08-10-2012, 02:17 PM   #1
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Mining costs changes

I was reading an article about a few silver mining companies here:
http://www.silverdoctors.com/silver-...al/#more-11228

First, the companies are seeing less ounces per ton of earth (which I have seen for most every mining company).
Second, their production costs (fuel price driven?) are increasing dramatically.

If silver stays range bound for even a year or two, what are these mining companies going to do?

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Old 08-10-2012, 04:29 PM   #2
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Their best strategy is to minimise production or mothball and wait ............

we only have to do the latter, cos ours is already mined (-:
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Old 08-11-2012, 08:51 AM   #3
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Old 08-11-2012, 09:47 AM   #4
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If silver stays rangebound over time due to suppression by paper, and mining companies can no longer profitably mine product, paper and physical will necessarily disconnect. Period.
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