Silver Peak Resourses SVV,V Message Board

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Gold/Mining/Energy : Silver Peak Resourses SVV,V

SVV 9.450

+3.1%

12:59 PM EST

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To: Postman who wrote (214)	1/16/1998 11:45:00 AM
From: DR.	Read Replies (1) of 284

Hi Brian, Well now that I've finished travelling I can get back to watching some of these massively undervalued stocks, and start picking a few of them up again. Roper performed pretty well for a while but seems to have fallen back a little. I understand that they have an option to acquire 50% of the Abbot for $2million which they have just extended for another year. This is close to the Silver Peak Resources Ainsworth Mill. This property has some extremely high grade sections in addition to the possibility that there could be a 10 - 20 million ton ore body (Roper News Release of April 23 96) contains highlights of the assays. Similar deposits exist on this belt of rocks ie the Bluebell, the Duncan Mine, the Pondereill, the Grandview, the Reeves MacDonald, all of these have been mined to between 7 - 10 million tons. Most of these other deposits do not have the big silver assays that SVV/RRN/GAI have. With the recent ramp up of silver prices it is looking more and more likely that this orebody will go into production soon. Regards.

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