White metal just hit a fresh record, trading at $88 per ounce with a $2 jump this morning alone. The mining sector is capitalizing hard on these levels—most operators have extraction costs hovering around $20 per ounce, meaning they're pocketing roughly $68 per ounce in margin. That's an insane profit spread. Companies in this space are experiencing significant operational upside at current valuations, making the commodity cycle particularly favorable for producers right now.
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blockBoy
· 2h ago
Silver hits a new high again, the profit margin is truly crazy... Mining companies are probably about to take off.
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TheMemefather
· 9h ago
Silver hits a new high? $68 profit margin... Why hasn't this thing skyrocketed yet?
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just_another_wallet
· 9h ago
Wow, the profit margin is just too outrageous, a $68 spread? The mining companies must be just money-grabbing now.
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LiquidatedDreams
· 9h ago
Wow, this profit margin, $68 per ounce? The mining companies are really making a killing with this wave.
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MidsommarWallet
· 9h ago
Silver hits a new high again, and the profit margin is really outrageous... Mining companies are making a killing directly.
White metal just hit a fresh record, trading at $88 per ounce with a $2 jump this morning alone. The mining sector is capitalizing hard on these levels—most operators have extraction costs hovering around $20 per ounce, meaning they're pocketing roughly $68 per ounce in margin. That's an insane profit spread. Companies in this space are experiencing significant operational upside at current valuations, making the commodity cycle particularly favorable for producers right now.