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<p>[QUOTE=&quot;Cloudsweeper99, post: 1117497, member: 3011&quot;]I think this is easier to estimate than many believe.&nbsp; Note that it is easier, not easy.&nbsp; But silver is a commodity and most commodities eventually revert to a price that is at or slightly above the all-in cost of production.&nbsp; Not the cash&nbsp; cost, but the total cost including exploration, infrustructure, and return on capital.&nbsp; Now some will point out that silver is also mined as a by-product, and this is true.&nbsp; But without the primary silver mines in the world, there are not enough ounces to satisfy industrial demand.&nbsp; My personal estimate is around $20.[/QUOTE]</p><p><br /></p>

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