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<p>[QUOTE="julius, post: 1475023, member: 38622"]Clarify "that" please and I may have citations. What I wrote was by my own hand.</p><p><br /></p><p>See this link though for some general information: <a href="http://in.reuters.com/article/2012/06/25/idINWNA995220120625" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://in.reuters.com/article/2012/06/25/idINWNA995220120625" rel="nofollow">http://in.reuters.com/article/2012/06/25/idINWNA995220120625</a> Excerpt quoted below.</p><p><b>Outlook</b> "The stable rating outlook reflects our view that metals prices will remain high enough to support performance consistent with the rating despite high operating costs and price volatility. Risks to our forecast include the company's past operating difficulties and cost escalation throughout the industry. We believe the company's cost position may challenge its ability to remain profitable should prices fall to historical levels. "</p><p><br /></p><p>Also, you can see in your world that gas is more expensive. Mining operations need transportation and processing and this is accomplished by the use of energy. If energy is more expensive, so is mining. Whether these costs have been or will be applied to silver costs or when is not something I'm certain of.[/QUOTE]</p><p><br /></p>
[QUOTE="julius, post: 1475023, member: 38622"]Clarify "that" please and I may have citations. What I wrote was by my own hand. See this link though for some general information: [URL]http://in.reuters.com/article/2012/06/25/idINWNA995220120625[/URL] Excerpt quoted below. [B]Outlook[/B] "The stable rating outlook reflects our view that metals prices will remain high enough to support performance consistent with the rating despite high operating costs and price volatility. Risks to our forecast include the company's past operating difficulties and cost escalation throughout the industry. We believe the company's cost position may challenge its ability to remain profitable should prices fall to historical levels. " Also, you can see in your world that gas is more expensive. Mining operations need transportation and processing and this is accomplished by the use of energy. If energy is more expensive, so is mining. Whether these costs have been or will be applied to silver costs or when is not something I'm certain of.[/QUOTE]
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