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$17.00 to Produce an Ounce of Silver
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<p>[QUOTE="Collecting Nut, post: 2518748, member: 74863"]There are so many factors in determining the costs of mining an ounce of silver. Somewhere there is a report that is put out on this but it is an industry average, not a per mine average. No mining company wants that data published. Some of the factors in determining the costs are ore grade, accessibility, labor, state and federal taxes, milling, trucking and refining.</p><p><br /></p><p>One should be more concerned about the driving forces behind the price you would buy and or sell at. Todays test level is, Can silver maintain a price above $18.00 per ounce and will the market be tested at the next level of $22.00. No market goes straight up or down. It rides like a roller coaster. If one doesn't have the stomach for it, get out or take some Pepto. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Collecting Nut, post: 2518748, member: 74863"]There are so many factors in determining the costs of mining an ounce of silver. Somewhere there is a report that is put out on this but it is an industry average, not a per mine average. No mining company wants that data published. Some of the factors in determining the costs are ore grade, accessibility, labor, state and federal taxes, milling, trucking and refining. One should be more concerned about the driving forces behind the price you would buy and or sell at. Todays test level is, Can silver maintain a price above $18.00 per ounce and will the market be tested at the next level of $22.00. No market goes straight up or down. It rides like a roller coaster. If one doesn't have the stomach for it, get out or take some Pepto. :)[/QUOTE]
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