And you know what? With a load of base metal and gold mines heading into insolvency and being mothballed maybe even permanently in some cases around the world, the need for dedicated silver producers in amplified. For a price response in silver alone can not bring much more silver from the ground. You also need high gold, copper, lead and zinc prices to obtain the bulk of mineable resources. This current collapse in metals in actually reducing the mineable reserves of silver in the world. A fact very few appreciate the significance of.
"Of global mine production, 30% was from primary mines and the other 70% was generated as a by-product of lead, zinc,copper and gold mining. "
A pure silver producer is a rare gem these days! It is not surprising this company has caught the attention of larger fish ...
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