SSRIF Silver Standard Resources Message Board

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Gold/Mining/Energy : SSRIF Silver Standard Resources

SSO 112.64

-2.2%

Nov 6 4:00 PM EST

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To: JK who wrote (156)	2/14/1998 12:40:00 AM
From: Douglas Freeman	Read Replies (2) of 403

Boy, I've become quite the regular eh? I'm pumped though - just saw that COMEX reserves fell to 92 mil oz. It's just in freefall. It won't last forever, but we're likely to see it until Warren takes full delivery, and that's still a month away. Otherwise, you have a hard time beating having Warren & Fidelity on the same team. Today there was good action right at the end of the day, enough to suggest we may see a move soon, but I've been premature before (don't tell any females). I will be watching Monday morning as people have a chance to go through news releases; if we're up then, it may mean a good week, & I can't emphasize enough how important it is to get through previous highs. There are so many people who view this as their chance to get out, that once you break through the folks who want to break even, it just blows open the upside. That may seem pretty technical from someone who's a non-technician, but it's exactly what happened with silver itself. By the end of the month we should have a better idea if this stock is going to run. ID

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