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Silver market update

PostPosted: Wed Jun 12, 2013 8:06 pm
by moparal7

Re: Silver market update

PostPosted: Wed Jun 12, 2013 9:55 pm
by AlleyAlchemy
An attempt to document the cost of mining silver (and not an endorsement or rejection of this view) -- http://seekingalpha.com/article/1496552-first-quarter-2013-true-all-in-cost-silver-industry-figures-unsustainable-silver-prices

The 'money' quote --

According to the recent quarterly numbers, it shows that many silver miners produce silver around $25 per ounce on a true all-in cost basis.

FWIW --