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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: SOROS who wrote (16668)	6/27/2002 12:19:47 AM
From: stockskeptic	Read Replies (1) \| Respond to of 18998

SSRI is a joke. The book value of their silver properties is less than $1 a share. It seems reasonable to assume the sellers of these properties were not idiots, so this figure gives a reasonable idea of their true value. The difference between that and the current $6 a share represents their stock promotion. If you want a call option on silver, why not buy one? It's gotta be a better value than spending $6 for $1 worth of silver properties.