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

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To: Jon Matz who wrote (123)9/6/2001 12:13:15 PM
From: Claude Cormier  Read Replies (1) of 165
 
<So I can't find any reason to get interested>

There could be one good reason. SSRI is very well-known in the US and has been promoted by a few groups as a highly leveraged call on silver. So it is widely held, in the hands of investors who are in for the long term hoping for much higher silver prices.

That is why the price is holding very well here despite it being overvalued when compared to my favorite silver play.

If silver starts to move towards $6, SSRI will certainly move fast, even if they do not have anything economic yet. The large resources of 300M ounces + are enough to attract speculators.

I think that BAY will eventually be promoted in the US as well. With the specifics of Alamo Dorado and the current market cap of Corner Bay Silver, I hope that you see the potential. BAY should really trade at a higher market cap than SSRI. In time, I believe it will.
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