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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: Bobby Yellin who wrote (9)11/2/1996 8:04:00 AM
From: Bobby Yellin   of 403
 
our question about siliver standard, Yes I like the company real well the CEO. is a
fellow by the name of Bob Quartermain he is in the prossess of building a siliver Giant
in my mine with properties from Russia to Mexico the company is tieing up ever siliver
play they can lay there hands on, that Ross Beatty of Pan American Siliver has not yet
gotten. It may not be possable for them both to be the bigest siliver plays around but
they are both well on the way. Siliver standard has less shares out and is less
known(because of Ross;s great success at his last company Equinox(I made good
money there) Pan American is at not quite as good a value at this time in my mind,
however if siliver takes off(and I believe it will out preform gold in time) these are the
two premire plays, Richmont will be over doubleing there Production in the next year,
There Ceo is Jean Guy Rivard ,He is very awaire of NOT deluting his stock in 1986 I
bought this company as Rouyn and at that time thay had 9 million shares out toay only
about 15 million,it is as safe as they come in this part of the investment world, last I
looked they were tradeing around 4.80 Canadian, if gold falls off a bit more this tax
season you may be able to buy a bit cheeper, but as long as gold has any value this will
always be a damn good company to own! I really like Corriente and have held it for
the past year when I bought it at around 2.40 wanted to add to my possission the other
day and did so but was waiting for it to fall back some well glad I got a bit reloaded
when I did cause the moral of the story to me is that today it hit a new high of 5.05 so I
guess what I saying here is value will soner or later be descuvered and if your not in by
that time you will end up paying more for hesatation as I may now with CTQ. Well
bottom line I feel the same way about Richmont, tax selling is fine but if the value is
there don;t get to
procastnating as I did with Ctq see I ant so smart as to have a ask Ron Post!!!! Best
wishes Ron Pitts

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