Gold AISC ballpark figure is USD 1000 , if it goes below that, well production will stop in many mines. Markets will self correct and price of gold will go up again. Silver is not any better, production is dropping in top five mines, Tahoe is out for quite some time. Inventories are depleting
Beyond all that, even mining sector investors are now convinced silver and silver mining stocks will never have a mega bull run again. Great situation to buy into silver mining stocks.
Peter Schiff on silver, page-4
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Last
9.7¢ |
Change
-0.002(2.02%) |
Mkt cap ! $149.2M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 10.0¢ | 9.7¢ | $427.0K | 4.346M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 549082 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.9¢ | 31656 | 1 |
View Market Depth
| Last trade - 16.10pm 03/12/2024 (20 minute delay) ? |
| SVL (ASX) Chart |
