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Ponderings of supply and extraction. Gold vs. Silver
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<p>[QUOTE="desertgem, post: 1573317, member: 15199"]But many of the old mines have tremendous tailing resource as well as new sites. This is a company that has seemingly bought all underground rights up to part of Virginia City. Most know the name from the activity in the mid 1800s. They are finding good deposits, and each oz of gold carries along more silver.</p><p><br /></p><p><br /></p><p><a href="http://www.comstockmining.com/news/press-releases" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.comstockmining.com/news/press-releases" rel="nofollow">http://www.comstockmining.com/news/press-releases</a></p><p><br /></p><p>Only 42 million shares float and quite low price. One might decide to hedge their long term bullion holding with a possible </p><p>gain from the mines. This is a speculatory possibility, and I wouldn't advise it for use of moneys ( but it is only paper right <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> ) you might need before the apocalypse. </p><p><br /></p><p><a href="http://finance.yahoo.com/q?s=LODE&ql=1" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://finance.yahoo.com/q?s=LODE&ql=1" rel="nofollow">http://finance.yahoo.com/q?s=LODE&ql=1</a></p><p><br /></p><p><br /></p><p>The point being that silver is still in the ground of many old mines and if demand really does kill supply, it will be processed. IMO.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1573317, member: 15199"]But many of the old mines have tremendous tailing resource as well as new sites. This is a company that has seemingly bought all underground rights up to part of Virginia City. Most know the name from the activity in the mid 1800s. They are finding good deposits, and each oz of gold carries along more silver. [URL]http://www.comstockmining.com/news/press-releases[/URL] Only 42 million shares float and quite low price. One might decide to hedge their long term bullion holding with a possible gain from the mines. This is a speculatory possibility, and I wouldn't advise it for use of moneys ( but it is only paper right :) ) you might need before the apocalypse. [URL]http://finance.yahoo.com/q?s=LODE&ql=1[/URL] The point being that silver is still in the ground of many old mines and if demand really does kill supply, it will be processed. IMO. Jim[/QUOTE]
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Ponderings of supply and extraction. Gold vs. Silver
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