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: Bobby Yellin who wrote (39)	2/28/1997 5:47:00 PM
From: Madharry	of 403

I saw a PR release in Sept.96 which indicated 70MM proven and probable . The same release said that Teck as long as they maintained at least 10% ownership could earn a 50% interest simply by providing financing at market rates. So that would make it 35MM proven and probable. There were about 13MM shares outstanding so that works out to about 3 ouces per share proven and probable. Does anyone out there have more current or more accurate numbers, including production costs?

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