My quick look at projected silver production levels for the companies (each company combined) this year: EXK=4M; GPL=2M, both apx.
AUNFF= 3.8M Shaftner alone, over 1M La Negra= 5M AUNFF this year +- 2013 Q1.
Consider GPL's prod. #'s have been dropping, and getting 'long in the tooth', forcing them deeper and deeper. Interestingly EXK, GPL, and AUN all have 2 major mines.
Costs per oz will be dropping in the 2Q 2012 for all, due to oil/gas prices crashing.
EXK's costs are 5.50-6.00oz, much lower than AUN's @ 10.10oz thou. I expect if metals prices rise, this fact will be mute, somewhat.
This is just a rough 'glance' by me, further DD is required, ofcourse. But just this look, is staggering for AUNFF's comparisome against BOTH other miners.
EXK's high was $13.10...GPL's 5.00, apx.'s; $9.00 is an apx. difference between both's highs.
AUNFF beats out GPL, far and away, separately. I need more rsearch to compare EXK's relation.
If anyone has done an indepth DD regarding the comparisomes, please reply. TY, JMO & GL all
confused between listening to Merkel, FED, ECB.....and etc.
I only know that i'd rather be long then short silver. short term trades. Merkel acts or the FED hints and your better off Long.
The risk/reward is on the Long side of Silver & Gold and the miners.
Ooops. Merkel a BIG NO on printing more money. Just maybe this time everyone learned something, you can't fix the economy with b/s money printing. what does that mean, shmucks like you have been wrong for 7 months now and counting. Keep hoping and praying simpleton while i steal your lunch again!
like taking candy from a baby
Dude. Your just a simpleton. Do you want me to give you my bank account and social security on the net?
Can you deny my short at $33.50 ????
No because you were screaming buy buy buy
Look at my post at $26. I said short cover
This environment is making Silver a buy. That's all
You had a deflationary environment for the past 6 months. And that's why I shorted Silver.
I called silver. I nailed the short at $26 from $33.50.
You can't even deny that. Look at the posts
Can you tell me your valuation on AUNFF ????
Try answering a direct question. Should be simple??
Can u justify a $2.25 billion dollar valuation ???
Simple questions. Since your a cheerleader. That's all you are.
yea MIRZ lots of safety in treasuries....SEE China and Japan trading without dollars...get it!!!china use to use yuan to buy dollars to purchase japan goods and japan would sell dollars to buy yen.NO more!!yuan to YEN directly!!!....Who is one of china's largest trading partners???JAPAN....We are going to have 2 financial systems supported by IMF/BIS ETC till the little baby(china) becomes mature to handle global finance!!!Euro wont die...its a sham...Covering up DOLLAR/USA loss of hegemony!!!Those who are short euro NOW ARE gonna GET CRUSHED in next couple WEEKS !!!!!!Watch
Interesting that the drill hole referenced in news release seems to be around the south shaft. (see page 103 in Shafter's feasablitiy report)
They appear to be looking to utilize the existing workings from Presideo to access rich ore pockets not exploited by prior owners.
Makes for relatively low capital expenditures for increasing minable reserves.