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

STOCKTALK

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Outer-limits who wrote (96)	2/4/2001 11:54:27 AM
From: Claude Cormier	Read Replies (1) of 165

<We've given back about 1/2 of the recent move> The move in SSRI was very similar to last April/May up move. It moved to the same price level and for the same reasons. So if silver doesn't move up, look for SSRI to move back to base. web17.stockwatch.com On the other hand, silver appears to have start a multi-months rally that could carry it to $5.50-$6.00. If it happens, SSRI should do very well for two reasons: 1) They have a large follow up in US 2) Some of their projects become economic and are showing better rates of return at silver US$5.50 and above. The way I see it, if silver moves into high gear and pass the $6.00 level in a long term bull market, SSRI will be one of the best silver plays around, possibly the best. But if Ag continue to average below $5 over the next several years like many are suggesting, than SSRI will go down and eventually sell below $1. I view SSRI as a perpetual call on silver prices. It is out-of-the-money for now, but not very far of being at-the-money.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next