Thing is – what are their all in costs?
The head honcho over at Silvercrest was out this week saying his costs are above $25.
And they are one of the lowest cost producers.
The bankers are attempting to keep silver just enough above costs so they can keep paying interest to them – no mas.
It’s going to get away from them going into year end with Silvercrest, First Majestic, and Fortuna, all larger primary miners, banking silver now – along with all the new demand sources coming on line.
Like I said a long time ago – They’re nuts and on a suicide mission.
Now it’s becoming painfully evident (to both us and themselves).
But they are too stubborn and stupid to stop.
They need cheap silver to keep killing people so we will listen.
Unreal