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<p>[QUOTE=&quot;Collector1966, post: 1077478, member: 17919&quot;]It&#039;s not really that easy to double silver production, since there aren&#039;t that many working silver mines any more and new silver is mostly a by-product of the mining of copper, lead, zinc and gold. The opening of a new silver mine is a costly and time-consuming process that involves pre-feasibility studies, feasibility studies, reconnaissance, exploration, lab analysis, environmental impact assessments, infrastructure and mine development-- in short, it&#039;s a capital-intensive undertaking that takes years to make a return on investment. So even if silver is $200/ounce at the time reconnaissance begins, what are the price predictions for 4-5 years down the road when production might commence? And could those prices be sustained to the point where a new mine would not only recover the initial investment , but also start to make a profit?[/QUOTE]</p><p><br /></p>

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