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12:04
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Originally posted by redrun:
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Unfortunately I think your basic assumption on leverage to the silver price is flawed. You are saying that because so much of BML's value comes from by products i.e. lead, that this makes it more leveraged to the silver price where in fact the opposite is true (this actually makes it less leveraged to the silver price).
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See the detailed analysis of mining analyst goldbear77 on the BML thread who explains very well.
(20min delay)