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To: Dale Baker who wrote (30234)	7/26/2002 7:51:00 PM
From: Henrik	Respond to of 118717

SSRI and silver looking "interesting" ! SSRI took a dive these last four trading days in line with the price of silver. A recap on SSRI - 100% silver play and as such is highly leverage to the price of Ag. Here is the daily chart for COMEX silver. futures.tradingcharts.com Big drop in the value of silver on Friday. Back to the April/May prices for Ag. The silver market is manipulated and this recent drop could be part of that strategy. Could also be related to the COMEX contract trading - Last Trading Day: Third last business day of the month. Back to SSRI - I expect we will se a run up in silver and SSRI will mirror that. Not currently in SSRI but plan to re-enter around $3+/-. Keep on eye on the silver price here: kitco.com Message #30234 from Dale Baker at Jun 10, 2002 11:09 AM << Following the rule that companies with real earnings are the only ones likely to thrive (maybe even survive) in this climate. >> Regarding SSRI keep this in mind: " In addition, the company has no long-term debt, significant environmental liabilities or hedging or derivatives in place. With large silver resources owned or under option, and with relatively capitalization, Silver Standard offers investors high leverage to future silver price increases, similar to an unexpiring call option with exploration upside." From SSRI's web site: silverstandard.com