Silicon Investor (SI) -- The First Internet Community

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 : Silver prices -- Ignore unavailable to you. Want to Upgrade?

To: Raja who wrote (2668)	3/14/2000 2:20:00 PM
From: Claude Cormier	Read Replies (3) \| Respond to of 8010

Raja, None of the silver stocks are "safe investment", if you mean that a safe investment is an investment where you can't lose money. They are all speculations. I think that BAY is the best of all silver plays. But some here do not share my opinion. So you have to understand the risks and rewards, and take an informed decision.

To: Raja who wrote (2668)	3/18/2000 11:17:00 AM
From: russwinter	Read Replies (1) \| Respond to of 8010

Besides BAY (which is best characterized as an excellent exploration play with home run potential), I believe Silver Standard (SSRI) offers a superb, extremely inexpensive slightly out of the money leveraged call on silver. In a nutshell SSRI controls at least 300 million oz in three projects, so with a US23 million market cap (net of cash), that's less than 8 cents per ounce. Somewhere in the neighborhood of three fourths of that would offer an IRR of 20% at $6.00 silver, with relatively modest capital costs. Their Manantial Espejo project may not quite be an Alamo Dorado, but there is clear potential to expand this deposit (89 million oz before January's results)significantly. Given what I believe is silver's upside potential this company's projects will pop up on radar screens in a flash.