Silver Peak Resourses SVV,V Message Board

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

SVV 9.165

-0.9%

Dec 23 3:59 PM EST

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To: NICVIC who wrote (224)	1/19/1998 12:25:00 AM
From: Postman	Read Replies (1) of 284

The effect of El Nino has given a large kicking to oil and gas companies all across the board. This makes it harder to raise exploration money for drilling for oil, that is understandable. I agree with D.R., this is a real bonus to have an interest in a silver property at a time when silver is looking promising. Silver has been on a downward slide ever since the Hunt brothers tried to corner the market, driving it up to about $50.00 in 1988 I believe it was. This project has been mothballed since then, but now looks like it could be very profitable according to the company. As they say, diversification is the key to successful investing.

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