SILVER
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0.30% $15.25 silver futures

silver prices now rising faster than gold, page-5

  1. bolide
    265 Posts.
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    30/08/10
    10:48
    Post #: 7077857
    With pure silver plays I reckon you need grades of 60g/T plus.

    Silver is currently about 1/60th the price of gold -
    So grades of 20g/T Ag equate to about 0.3g/T gold.

    I wouldn't be interested in an open pit gold mine unless it had grades > 1g/T .. which equates to about 60g/T Ag.



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    lightbulb Created with Sketch.  Great analysis
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