Silver Standard Resources Inc. NSC: SSRI CVE: SSO Message Board

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Gold/Mining/Energy : Silver Standard Resources Inc. NSC: SSRI CVE: SSO

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To: Richard Mazzarella who wrote (65)	4/26/2000 12:58:00 PM
From: Claude Cormier	Read Replies (1) of 165

<<he seems to have changed his mind? >> Yes. Well, since there has been no news. Do we have any other choice? << It wouldn't surprise me if there a suitor lurking.>> Always possible, but again, why would a senior take a look at a junior with projects that offer only a marginal IRR at silver $5.00. Even at $6 silver, SSRI mentions 20% IRR on Bowdens and Manantial. Candelaria is also high costs. So SSRI is a highly leverage silver play in a bull market situation but is a weak choice in stable and sub-$5.50 silver prices.

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