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Steve St. Angelo

Comments by Steve St. Angelo
False Claims Debunked: Price Not Tied To Silver Production Sep 16, 2014 5:03AM ET
Peter... nice write-up, however, Cash Costs are not reflective of the profitability of a company. By-product credits are deducted to arrive at that Cash Cost figure. Unfortunately, many of the primary miners need that by-product revenue to keep them out of the RED.. . Total production costs are closer to $19-$20 as an average for the top primary miners. Of course this does not reflect the cost to produce by-product silver in base metal mining operations.. . steve