TSXV:SLX.P - Post by User
Comment by
Baer1on Jul 01, 2011 8:08pm
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Post# 18789393
RE: RE: Where's the beef?
RE: RE: Where's the beef?
https://www.topstockanalysts.com/index.php/2011/05/27/get-ready-to-buy-these-3-silver-stocks/
Here is the quote:
Producers range in size from Silvermex Resources, a $166 million market value junior that hasn’t turned a profit since 2006, to giant miners like Coeur d’Alene Mines, valued at more than $2 billion.
Actual silver production makes these companies relatively easy to understand. There are two kinds – profitable companies and science projects. If it costs more to mine the silver than you make selling it, the mine isn’t a business. It’s a science project. Investors should stay far away from those companies.