Lead does not pay well and silver is held around production cost. According to the World Silver Survey, 34% of silver production came as a by-product
of zinc and lead, while 22% came as a by-product of copper production. Thus, 56%
of global silver production is a result of copper, zinc and lead production:
Who is going to rush in to mine Sorby now when it makes virtually no profit to mine.
In a years time, if this financial reset ever happens, it might be a different story...
KBL Price at posting:
0.1¢ Sentiment: None Disclosure: Held