by Andy Hoffman, MilesFranklin.com:
In the tiny “shadow world” of Precious Metals commentary, it’s incredibly rare to find high quality financial analysis – in the Wall Street style I personally spent two decades honing. Last year, I came across the great Steve St. Angelo of SRS Rocco Report; who continues to do the best work on Precious Metal mining costs of ANYONE I have read. And given I have seen essentially everything over my “TEN YEARS OF HEAVEN AND HELL” in the PM sector (now eleven), I do mean anyone.
On Friday, “MEXICAN SILVER – PRODUCTION COLLAPSE!” was based on Steve’s fantastic work; while yesterday, I followed through with this theme in “JUNIOR MINING – AND FUTURE PRODUCTION – DEATH.” Given how incredibly important this topic is – yielding nearly irrefutable evidence that an “HISTORIC BOTTOM” was reached in late June – I am publishing a third straight RANT on this topic. And wouldn’t you know I’m again utilizing Steve’s fine work to illustrate my point.