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<p>[QUOTE=&quot;justafarmer, post: 1713475, member: 3926&quot;]Just 10 years ago in 2003 mine production was 600 million with a silver price @ $5.00. For production cost to now be at the level you and seekingalpha suggest - you are trying to convince me that cost have increased 5 fold in ten years. Labor cost hasn&#039;t increased by this amount. Fuel hasn&#039;t increased by this amount. Machinery hasn&#039;t increased by this amount. None of the input costs of mining have increased 5 fold. Well except maybe for the stock options and warrants paid to the top executives as compensation. </p><p><br /></p><p>Useing financial accounting data and statements to produce cost accounting conclusions and assumptions creates nothing but folly.[/QUOTE]</p><p><br /></p>

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