Breaking News .....Silver mine collapse

Discussion in 'Silver' started by shilly20, Apr 14, 2013.

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  1. Pirocco

    Pirocco Well-Known Member

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    Which effect on the price has 0,5% of a world production, 116 tonnes or 3,7 Moz silver?
    At present, ETF's hold 600 Moz, 160 times that much.
    Maybe a couple dollarcents?
     
    Pirocco, Apr 14, 2013
    #21
  2. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    3.7Moz !?...they spill that at breakfast at Cannington :D
     
    Clawhammer, Apr 14, 2013
    #22
  3. Meursault

    Meursault New Member

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    Meursault, Apr 14, 2013
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  4. Matthew 26:14

    Matthew 26:14 New Member

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    To see if this mine landslide is much of a big deal, just watch Rio Tinto's share price and I dont see anything to suggest that mine closure will significantly affect its earnings thus wont move the silver market.
     
    Matthew 26:14, Apr 14, 2013
    #24
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