Wednesday, July 30, 2008

Re SLW

They can't get the ounces mined back to where it was in 2006 and expect to double by 2010????????

This business model is amazing in that they're locked in at $3.90/ounce, but the only flaw is that the companies they are in contracts with aren't going to have the mining of Silver at the top of their to do lists as the Gold is more important to them. To have entered into so many new contracts and not see the proper increase in Ounces makes me a bit leery!!!!

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