Silver Peak Resourses SVV,V Message Board

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

SVV 9.445

+1.0%

3:59 PM EST

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To: NICVIC who wrote (224)	1/16/1998 8:00:00 PM
From: DR.	Read Replies (2) of 284

I bought SVV for their oil play too. But what a bonus that the company can also benefit from it's silver property. One liners on an internet thread cannot tell the direction that a company is going in. My understanding on the oil side is that the Linda prospect has been AFE'd by the operators and some final verification is being sought by the company but all looks very positive on this prospect. I have worked out that for junior companies progress invarably is slower than one would originally expect although they do get there in the end, and invarably they have done far more due diligence on a prospect than the majors do as the juniors have more on the line. This is why we buy them- for the potential upside. I have not lost faith unlike many others judging by the share price. I regard these very low levels as a great opportunity to increase my position. regards.

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