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Gold/Mining/Energy : SSRIF Silver Standard Resources
SSO 116.71+0.5%Oct 31 4:00 PM EDT

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To: Fishfinder who wrote (325)1/20/1999 11:17:00 PM
From: Claude Cormier  Read Replies (2) of 403
 
Scott,

SSIRF has no cash flow. They fund their exploration budgets by issuing shares. They spend big $$ last year in Russia..and lost most of it after they depart with Geolog, their partner in Lunnoe.

I think they have now near $4M or so....should be enough to get feasibility at Bowdens and make progress in Argentina...

This cash flow thing is one reason why I prefer First Silver.

CC
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