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Message: Re: Can't forget the amount of silver we have
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Apr 11, 2011 12:10PM
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Apr 11, 2011 01:28PM

I've always thought that the silver in WEM would be a big part of this play. The gold:silver price ratio was unusually high up until recently, but has been moving back towards historic levels as the price of silver takes off. At a 35:1 gold:silver price ratio, silver is nearly one third of the ore value right now for the historic gold:silver weight ratio of 1:14 or so.

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