Results 1 to 7 of 7

Thread: new mining

  1. #1

    Default new mining

    Just my guess this power pay will put a crimp on any thoughts of new silver or gold mines.So we have what we have and most probably there wont be a glut of new silver.

  2. #2
    Join Date
    Apr 2010
    Posts
    9,850

    Default

    Has there ever been a glut of new silver?

  3. #3

    Default

    Even if there was a new deposit found it would take 5-8 years to get the mine up and running, since silver is mainly found "in the middle of knowhere" they would have to build transport links to get the silver out of the mines and somewhere where it could then be refined so i wouldn't worry too much about a majical silver find that will send the price crashing.

  4. #4

    Default To my knowledge

    Quote Originally Posted by theplantguy View Post
    Has there ever been a glut of new silver?
    Thrice to my knowledge...

    Once during Solomon's reign.

    Once from the discovery of the New World.

    Once from the Comstock Lode.

    Once more if I can find where my silver is located at the bottom of the lake.
    Govern this.

  5. #5

    Default

    except for a silver or gold commet

  6. #6

    Default

    Possibly the biggest mine in the world is in the seas.

    http://nautarch.tamu.edu/crl/conserv...ual/File13.htm

  7. #7

    Default

    There was a glut of "old" silver at the refineries after the crash in 1980!

    HH
    Always Searching for OBW Rolls ! ! !

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •