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Gold/Mining/Energy : SSRIF Silver Standard Resources
SSO 112.64-2.2%Nov 6 4:00 PM EST

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To: Bill Jackson who wrote (61)4/27/1997 9:41:00 PM
From: John H. Farro   of 403
 
Bill,

Thank you for your analysis. You make a strong case that silver will not make a strong move up over a ten year time span because of the new technologies that are being introduced. A number of people seem bullish over the next year or two because they have been extrapolating from trends in the recent draw downs of silver supply. Do you think it is realistic that silver could hit $6 - $7 in the next two years or do you think these new technologies will be available early enough to kill that hope?

Robin M.
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