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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: MICHAEL HOCKING who wrote (48)3/10/1997 7:20:00 PM
From: Peter   of 403
 
Hi,Michel:
I mean the Dios Padre property, when they first acquired it, it was estimated to have 70mm potential. As to Bob Quartermain, to be honest, he hasn't done anything to impress me. I knew that SSO began to acquire silver property earlier than PAASF, but certainly Ross Beaty did a much better job. Ross Beaty has bulit up so many successful companies and substantially rewarded the shareholders. But I didn't recall Bob building up a company, and that company's stock price skyrocked. And if I am correct, he is a geologist, but most of the exploration properties SSO acquired within two years, Lucifer, El Gato, Dios Padre,konkin are not good. So I would not say he did an excellent job as a geologist. I am waiting for the drilling result of their boliviar property to see if the company has some real leverage if silver price moves up.
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