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So If Silver Goes To 100$ Which Coins Would You Melt?

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Pillar of the Community
AgCoinAu's Avatar
Canada
3049 Posts
 Posted 11/01/2014  11:29 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
Fix guy I certainly have UNDER 24 metric tonnes ... But I'm closer to .001 than I am to 24.... If your nearing 24MT woah! Impressed!

Allspice you are absolutely correct that China is leading the worl in the production of solar panels the problem is quality control. There are some pretty big issues with the panels where life expectancy is not exceeding the point of positive gains... Bluntly the cost of other energy sources will still have to climb for it to be feasible for the panels to be purchased with such a poor track record.

Dialog...mines have in the past remained open even if the primary metal or even the secondary metal they extract costs more to extract than market price.. It's not a great business practice beloved by many on a board or by shareholders.. But it has happened. Most big and mid sized miners simply dump their current explorations, and claims that they haven't broken any earth and hope to ride out the dip.... But after 2 quarters of losses the stock can drop faster than speeding bullet.

If mines do end up shutting down there is still currently a large surplus of shines already above ground... Speculating that this may eventually end up in a shortage a drive market share up... Well that's one way of thinking.... Course if I was a large miner that still had supply and could maintain business all while my competitors had to shut down....it may be more in my interest to continue filling contracts at the current price point and striving for a monopoly, positive mergers and acquisitions and more lucrative bids on projects..
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