2005, Pan American - increased its interest in San Vicente to 55% - the Company also negotiated another toll milling agreement with EMUSA - under which ore will be processed at a nearby - facility until the mill on site at - San Vicente - is refurbished in 2006.
Once operational, the new mill is expected - to produce at an annualized rate of - approximately 2.5 million ounces of Silver -
At Cerro Rico Silver Mine - the thought is - that Combol has only done very shallow drilling? - as the basic for the vein res. calculations -
Combol may have been drilling 500' down? - compare to most drillings in North America - often goes down 3000' and more money often - is spent on the overall exploration programs structure -
The Cerro Rico Silver - history gives a more clear and accurate picture of -
the Cerro Rico Silver Mine -
has produced about Ag two billion ounces - down to about 3000' -
The city of Potosí sits at an altitude of 4090 meters above sea level - the Cerro Rico Mtn top is above Potosi -
its tells me that its about 10000' of virgin PM Silver ore structure to the sea level to be mined - with today hi-tech mining we are down - 20000' below sea level in SA.
Cerro Rico Silver Mine -
has been mined about 3000' and has about 27000' to go down of mining -
2billion ounces Silver has been mined -
its about 20 billion more Silver ounces - to be mined - plus all other Gold and base metals to be mined -
The Cerro Rico Mine - made Spain - London and Paris rich - the Potosi has been very rich in the past - history often repeat itself -
Silver Companies > Market cap's (updated?); Market Capitalization - Often referred to as "market cap", it is the total dollar value of all outstanding shares. It is calculated by multiplying the number of shares outstanding ...
Cerro Rico, or the Rich Mountain - The Worlds Richest Silver Mine - has been mined for nearly - - 1000 years.
Note. if You have more updated info - Silver comp. market cap. please, don't hesitate to let us know - tia.
Do not let any volatility shake You out - the more volatility the higher it will go -
the new trend waves will often be - 162% of the previous correction -
when the weak hands exhaust themselves - we'll see the next waves up -
U.S. NATIONAL DEBT CLOCK
The Outstanding Public Debt - as of Jun 2006:
Unless the United States gets all of its economic house in order ? -
Gold will become the basic real money again - (which Gold has been for 1000's of years) and national currencies will only be money - if backed by - Gold.
With the exception only of the periods of -
- The Great Gold Standard -
practically all governments of history -
have used their exclusive power to issue fiat money -
to defraud with totalitarian bureaucratic powers - rob, plunder and to make slaves - of most the people -
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