http://www.marketoracle.co.uk/Article21653.html

On the other hand the miners do not have such a luxury and are subject to rising costs such as the price of oil, labour, taxes (note the recent proposed 40% tax by the Australia) political change, transport costs, management issues, etc. The list goes on and on with any one of these reasons having the potential to hit their bottom line.

In conclusion we are now doubting the wisdom of investing in silver producers and are seriously considering avoiding them completely.