SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : SSRIF Silver Standard Resources
SSO 116.71+0.5%Oct 31 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gord Bolton who wrote (318)1/18/1999 1:31:00 PM
From: Squidman  Read Replies (1) of 403
 
Next thing you know they'll be pulling out some god-damn diamonds, then where will we be?

-NASDAQ is closed today so we'll have to see the response there tomorrow.

I couldn't find out how much cash the company has. But it looks like they have some time to make the payments (see below) and maybe these results will allow them to continue with the recently postponed $2.3 million financing.

Under the terms of the revised agreement, Silver Standard will enter into an option agreement with Black
Hawk to earn a 50 per cent interest in Black Hawk's interest. Silver Standard will acquire its project
interest through cash payments of $1.54-million (U.S.) to Black Hawk and exploration expenditures of
$4.5-million (U.S.) by Dec. 31, 2001, extendable to 2002 under certain conditions.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News