Slw is doing it on the cheap. While prices are low-thats when you want to accumulate as many shares as you can of slw, if your an ivestor. Silver is much more attractive metal than gold. So many more uses of silver. The smart ones are buying big right now. Inflation isn't going away. Oil will be 200 dollars a barrel at the end of 2009. Food will be much higher like everything else after the election. Does anyone really believe that with all the printing going on in washington and around the world that the dollar will be higher in value? No way. Load up the truck and smile as the price of slw goes over 20 and won't be looking back. To bad for the reasons why, but you have to protect yourself against the new world order. I have noticed that youtube no longer lets me post any comments anymore; after I started talking about "Zeitgeist"
I just don't see SLW as the go to silver company. Their leverage over plain old SLV is just abysmal as their profit leverage vs raw cost is diminishing with higher POS
The higher POS goes, the lower their leverage of their fixed cost of $3.90 becomes.
SLW is profitable, silver is going higher, but the risk over SLV is just not worth it. Mines selling silver at fixed cost will mine other areas of the mine to get at their base metals which are not at fixed cost; hence the silver shortfall in qtr deliveries.