SSRIF Silver Standard Resources Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : SSRIF Silver Standard Resources

SSO 112.64

-2.2%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bobby Yellin who wrote (32)	2/24/1997 9:46:00 AM
From: Frank Sauer	of 403

Bobby, I do not own SSO, but Pan American Silver (T.PAA, PAASF). PAA and SSO have the same game plan: have some silver production, and buy up cheap silver properties which are not economical at current silver prices. Then wait for the (inevitable?!) rise in silver prices. Bishop called SSO and PAA "open-ended options on the silver price". In regard to your last post: be careful about the evaluation. You cannot just multiply the number of silver ounces with the price of silver and know the value of the company. Remember, that many of these ounces can only be mined in an economical way if silver prices are substantially higher! But there sure is a lot of leverage to the silver price. I keep PAA in my portfolio without much further thinking about it. Its time will come. Warm regards Frank

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next