http://seekingalpha.com/article/1255461-what-it-really-costs-to-mine-silver-the-first-majestic-edition?source=yahoo

Keep in mind as one reads this article on costs to mine silver, that MAG's conservative UPEA-projected costs, less credit metals is NEGATIVE: $ -0.03; NEGATIVE 3-CENTS. Product of GRADE, and very good credit metals, plus FRESNILLO mining expertise.

Both FIRST MAJESTIC & PAN AMERICAN are almost $20-per oz.

And we can't trade double-digits?

FROBE