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US Consumer Deflation results in BIG SILVER RALLY'S, page-512

  1. redrun
    515 Posts.
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    12/04/24
    15:22
    Post #: 73317887
    You're exactly right, it's not just about so called ounces in the ground, it's about how many you can economically get out.

    SVL a classic example. They always talk up their 396Moz AgEq but look further and only 189Moz of that is actually silver, which again seems quite large, however according to their FS over a 16 year mine life they will only recover 53Moz.
    IVR Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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