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Third Largest Silver Mine On Strike!! This Could Be Huge!!

 
Anonymous Coward
User ID: 1249552
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04/01/2011 09:40 PM
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Third Largest Silver Mine On Strike!! This Could Be Huge!!
A Strike at the San Cristobal Silver Mine enters its sixth day. With the silver market as tight as it is, this certainly can not help. Not only does the San Cristobal Mine account for HALF of Bolivia's exports, this mine is the third largest silver producing and the sixth largest zinc producing mine in the WORLD! This strike started last Friday when workers demanded better working conditions and the firing of several officials. Mining production has been completely halted now for almost an entire week. This has been completely ignored by the financial media.


[link to www.steelguru.com]
Anonymous Coward
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04/01/2011 09:41 PM
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Re: Third Largest Silver Mine On Strike!! This Could Be Huge!!
A Strike at the San Cristobal Silver Mine enters its sixth day. With the silver market as tight as it is, this certainly can not help. Not only does the San Cristobal Mine account for HALF of Bolivia's exports, this mine is the third largest silver producing and the sixth largest zinc producing mine in the WORLD! This strike started last Friday when workers demanded better working conditions and the firing of several officials. Mining production has been completely halted now for almost an entire week. This has been completely ignored by the financial media.


[link to www.steelguru.com]
 Quoting: Anonymous Coward 1249552


Triple digits by May
Anonymous Coward
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04/01/2011 09:45 PM
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Re: Third Largest Silver Mine On Strike!! This Could Be Huge!!
:cnbc:
Anonymous Coward (OP)
User ID: 1249552
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04/01/2011 09:51 PM
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Re: Third Largest Silver Mine On Strike!! This Could Be Huge!!
A Strike at the San Cristobal Silver Mine enters its sixth day. With the silver market as tight as it is, this certainly can not help. Not only does the San Cristobal Mine account for HALF of Bolivia's exports, this mine is the third largest silver producing and the sixth largest zinc producing mine in the WORLD! This strike started last Friday when workers demanded better working conditions and the firing of several officials. Mining production has been completely halted now for almost an entire week. This has been completely ignored by the financial media.


[link to www.steelguru.com]
 Quoting: Anonymous Coward 1249552


Triple digits by May
 Quoting: Anonymous Coward 1132105



Buy more while you still can.
Anonymous Coward
User ID: 1298547
United States
04/01/2011 10:02 PM
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Re: Third Largest Silver Mine On Strike!! This Could Be Huge!!
A Strike at the San Cristobal Silver Mine enters its sixth day. With the silver market as tight as it is, this certainly can not help. Not only does the San Cristobal Mine account for HALF of Bolivia's exports, this mine is the third largest silver producing and the sixth largest zinc producing mine in the WORLD! This strike started last Friday when workers demanded better working conditions and the firing of several officials. Mining production has been completely halted now for almost an entire week. This has been completely ignored by the financial media.


[link to www.steelguru.com]
 Quoting: Anonymous Coward 1249552


Triple digits by May
 Quoting: Anonymous Coward 1132105


id b happy w/ 60 by next month..... doubtful yho
Anonymous Coward (OP)
User ID: 1249552
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04/01/2011 10:10 PM
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Re: Third Largest Silver Mine On Strike!! This Could Be Huge!!
A Strike at the San Cristobal Silver Mine enters its sixth day. With the silver market as tight as it is, this certainly can not help. Not only does the San Cristobal Mine account for HALF of Bolivia's exports, this mine is the third largest silver producing and the sixth largest zinc producing mine in the WORLD! This strike started last Friday when workers demanded better working conditions and the firing of several officials. Mining production has been completely halted now for almost an entire week. This has been completely ignored by the financial media.


[link to www.steelguru.com]
 Quoting: Anonymous Coward 1249552


Triple digits by May
 Quoting: Anonymous Coward 1132105


id b happy w/ 60 by next month..... doubtful yho
 Quoting: Anonymous Coward 1298547



You never know. With the manipulation the market is very unpredictable.
Anonymous Coward
User ID: 1217735
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04/01/2011 10:12 PM
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Re: Third Largest Silver Mine On Strike!! This Could Be Huge!!
.

I saw this, but why was there not a more immediate reaction in the silver markets??
Txheat

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04/01/2011 10:15 PM
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Re: Third Largest Silver Mine On Strike!! This Could Be Huge!!
:cnbc:
 Quoting: aznwarlord


oh god this made me laugh thanks!
I'm just here to post good information when I can.
Anonymous Coward (OP)
User ID: 1249552
United States
04/01/2011 10:16 PM
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Re: Third Largest Silver Mine On Strike!! This Could Be Huge!!
.

I saw this, but why was there not a more immediate reaction in the silver markets??
 Quoting: Anonymous Coward 1217735



Manipulation perhaps.
Anonymous Coward
User ID: 1309292
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04/01/2011 10:24 PM
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Re: Third Largest Silver Mine On Strike!! This Could Be Huge!!
This is precisely why I don't invest in mining companies anymore.
Too volitile. Also, a lot of miners are in countries with corrupt governments, these mines could easily be nationalized. I used to own some shares in a few platinum mines down in South Africa. Got out of those real quick, once I saw the problems they are having down there...
Precious metals in your possession is the only way to fly..
Anonymous Coward
User ID: 1132105
United States
04/02/2011 11:44 AM
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Re: Third Largest Silver Mine On Strike!! This Could Be Huge!!
.

I saw this, but why was there not a more immediate reaction in the silver markets??
 Quoting: Anonymous Coward 1217735


It hasnt hit the supply chain yet... Wait till May/June when M3 numbers hit with inflation and this strike!!! $100 silver no problem!
optics

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04/02/2011 11:51 AM
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Re: Third Largest Silver Mine On Strike!! This Could Be Huge!!
Why?Do they print the never ending supply of silver futures that JPM supply?
Anonymous Coward
User ID: 456756
United States
04/02/2011 11:54 AM
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Re: Third Largest Silver Mine On Strike!! This Could Be Huge!!
It's the perfect storm. Wish I had bought some.
upstateny

User ID: 750445
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04/02/2011 06:04 PM
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Re: Third Largest Silver Mine On Strike!! This Could Be Huge!!
I saw this, but why was there not a more immediate reaction in the silver markets??
 Quoting: Anonymous Coward 1217735

Markets are CONTROLLED. The paper/"market price" for silver has no relation to actual value at this time.

Last Edited by upstateny on 04/02/2011 06:04 PM
You can always tell a SHILL by how many posts they make on things they don't believe in.
Anonymous Coward
User ID: 1132105
United States
04/02/2011 06:06 PM
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Re: Third Largest Silver Mine On Strike!! This Could Be Huge!!
I saw this, but why was there not a more immediate reaction in the silver markets??
 Quoting: Anonymous Coward 1217735

Markets are CONTROLLED. The paper/"market price" for silver has no relation to actual value at this time.
 Quoting: upstateny


Yep just like the dow... It is controlled, however that control is coming to an end!

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