tag:blogger.com,1999:blog-6272793377504221569.post7903604335169835945..comments2024-02-05T00:42:53.074-08:00Comments on Angry Geologist: The lowest grade mines in the world - SilverThe Angry Geologisthttp://www.blogger.com/profile/04955645007432969022noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6272793377504221569.post-6864468220417633142016-10-10T08:40:58.533-07:002016-10-10T08:40:58.533-07:00Today we offer up Canasil Resources - CLZ.v
http:...Today we offer up Canasil Resources - CLZ.v<br /><br />http://pennystockjournal.blogspot.ca/2016/10/canasil-resources-clzv.html<br /><br />Orex is optioning the Sandra-Escobar Project from CLZ.vAcehttps://www.blogger.com/profile/17786196655918237161noreply@blogger.comtag:blogger.com,1999:blog-6272793377504221569.post-52219019548456777692016-10-09T06:41:40.407-07:002016-10-09T06:41:40.407-07:00Time will tell with the Avino mine, at current pri...Time will tell with the Avino mine, at current prices it is breakeven (which is a similar story for many small silver miners).<br />Impact silver - some nice hits recently, but it shows that they really need silver to be >$30/ounce for them to be profitable.The Angry Geologisthttps://www.blogger.com/profile/04955645007432969022noreply@blogger.comtag:blogger.com,1999:blog-6272793377504221569.post-2080131164559964462016-10-08T21:17:15.401-07:002016-10-08T21:17:15.401-07:00As for Impact Silver their upside is from the expl...As for Impact Silver their upside is from the exploration they've been doing where in May 2016, the Company announced some of the best drilling intersections ever reported in the district at San Ramon Deeps, including 14.82 meters of 481g/t silver. <br /><br />As for Avino, they also have the input from the San Gonzalo Mine, and they are about to put their old talings into production next year for a 3rd input. Their AISC is just a little over $14, so when metals prices resume their uptrend again and silver gets back up close to $20+ their operations should be quite a bit more profitable than break even. I also like that the off-take agreement with Samsung underpins their operations as a good partnership.Anonymoushttps://www.blogger.com/profile/15217508878398735259noreply@blogger.comtag:blogger.com,1999:blog-6272793377504221569.post-85493829528564080772016-10-07T17:00:42.386-07:002016-10-07T17:00:42.386-07:00I'm planning on putting out a post on the econ...I'm planning on putting out a post on the economics of silver mining companies. Should be fun, part of it is to research mining and processing costs for various operations the rest is to see what average grade and/or silver price is needed for companie to be profitable - this should allow people to separate the good 'un's (relatively speaking) from the crap.<br />The Angry Geologisthttps://www.blogger.com/profile/04955645007432969022noreply@blogger.comtag:blogger.com,1999:blog-6272793377504221569.post-54349703090779881352016-10-07T12:06:10.422-07:002016-10-07T12:06:10.422-07:00'very good at losing money' = LoL, and yes...'very good at losing money' = LoL, and yes indeed, does not sub $ 20 Ag make many, many (most) projects totally off the chart uneconomic?<br /><br />Faaaaar different story when Ag approached $ 50 and every mutt with a shovel had a big un. Too interesting as this list gets filled out ... vis-a-vis how many projects are 'that close' to going taters up right this instant at current Ag levels.<br /><br />Hit a major pet peeve today at <br /><br />http://pennystockjournal.blogspot.ca/<br /><br />How difficult would it be for full-time, IR pros to INSURE that their bloody damn e-mail contacts, plastered everywhere, actually work? Well it's faaaar too much to 'accomplish' for the latest tards at Auryn Resources - AUG.v, and these abject dopes are moving on to a Toronto listing now? (pffffft)<br /><br />Acehttps://www.blogger.com/profile/17786196655918237161noreply@blogger.com