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 116.71

+0.5%

4:00 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ForYourEyesOnly who wrote (355)	5/13/1999 12:13:00 PM
From: EZbeliever	Read Replies (2) of 403

THC ... Good to hear from you! GKR has been acquired by Repadre Caplital Corp. (Toronto). Shareholder approval has been completed and final details are being finalized for shareholders as of 4-22-99. Repadre (RPD.T) will aquire all shares of GKR. I have the details on my desk but have not bothered to review them. Don't care. That is why I didn't bother to vote on one of the three plans of action. It would be ludicrous for me make an informed decision involving a royalty holding company I have never heard of. I just figured large GKR stockholders would be looking out for their best interest and I would go along for the ride or fall. Like I have stated many times in the past....right now at these depressed prices, junior mining companies are the best options an investor will ever buy. Super low premiums and UNLIMITED EXPIRATION DATES! Or should I say indefinite expiration dates. Juniors with proven resource bases and some cash can hang in there a very long time before becoming wallpaper. GKR and TLNOF are in sad shape but the game is not over. A single default on a gold loan or one of a thousand other events could bring them back to life with a flurry! Like you THC, I put my money where my mouth is. When the resource market turns for real we will be cashing some serious chips. When that event occurs many will say it was "luck". WRONG! Everyone talks about "buying low, and selling high", or "buy when blood is running on the streets".... but they never do. The blood is running right now but the masses will need the whole market to turn before they start buying. Fine with me. We will need plenty of liquidity when we are selling! Take a look at Metalica (METLF). Great resource base in Mexico, near the end of the permmiting process, decent cash reserves, and a free ride on development with Cambior. Right now it is a steal at under .50 US. The only negative is an unsubstantiated rumor of a merger with another company I have never heard of. This could be total bull, but if it ever happened, unless it was Cambior (which it is not) I would vote no and scream from the rooftops to other shareholders about such a foolish move. They have the goods if management doesn't screw it up. EZ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next