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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (5116)	5/15/2002 10:01:44 PM
From: chris714	Read Replies (2) \| Respond to of 8010

Thanks Claude I'm assuming that BAY trades on a Canadian exchange....what symbol..or where can I find out more information on BAY? Chris

To: Claude Cormier who wrote (5116)	5/16/2002 7:44:10 AM
From: Raja	Read Replies (1) \| Respond to of 8010

FSR, being a producer, would move up DRAMATICALLY imo should silver prices head for $5-$6 region. I think I'll sell some more BAY and plough profits into FSR speculation! firstsilver.com FIRST SILVER RESERVE INC. REPORTS 2001 RESULTS First Silver Reserve has provided its 2001 audited financial results. All amounts are expressed in U.S. dollars. During the year First Silver produced 2.39 million ounces of silver and 4,523 ounces of gold, all from its San Martin silver mine, as compared with 2.32 million ounces of silver and 3,357 ounces of gold in 2000. Revenue was $11.6-million as compared with $12.4-million in 2000. The company recorded a loss of $2.3-million or six cents per share for the year, as compared with earnings of $280,000 or one cent per share for 2000. The decrease in earnings is attributable to the decrease in realized silver prices for the year and the write-off of $1-million worth of exploration properties.

To: Claude Cormier who wrote (5116)	5/16/2002 11:19:59 AM
From: Henrik	Read Replies (2) \| Respond to of 8010

Pardon for butting in, but is SSRI not deserving of being included in Claude's list of stocks with significant silver exposure ? While none of Silver Standard Resources mines are currently in production the company is ready to roll as soon as higher silver prices makes it attractive to do so. From SSRI's web site: silver-standard.com "This means that each share of the company is backed by approximately 11.8 ounces of silver in all categories on a fully diluted basis" With spot silver at ~$4.62 * 11.8oz = ~$54.50 'in-the-ground-silver' per share. SSRI shares are trading around $3.47. and should provide a high leverage to future silver price increases. SSRI is cashed up with around C$22mil in working capital. silver-standard.com Another positive for SSRI is the geopolitically diversified projects. silver-standard.com Oh yes, I hold SSRI.