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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: orkrious who wrote (6299)	5/13/2004 1:52:52 PM
From: mishedlo	Read Replies (2) of 116555

Silver Standard Resources Inc. (NASDAQ:SSRI - News; TSX VENTURE:SSO - News; BERLIN:858840 - News) is pleased to report a 40% increase in measured and indicated silver resources to 403.6 million ounces and a 25% increase in inferred silver resources to 446.2 million ounces from May 2003. ... With cash of $61 million, and marketable securities of approximately $10 million at March 31, the company decided to invest approximately 20% of its cash and securities in physical silver following the decline in silver prices in April and May. Silver Standard now owns over 1.95 million ounces of silver. This silver is held on an allocated and segregated basis and, consequently, is not available to be loaned. Ted Buttler finds a follower?

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