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Gold/Mining/Energy : SSRIF Silver Standard Resources -- Ignore unavailable to you. Want to Upgrade?

To: Bobby Yellin who wrote (102)	11/30/1997 3:14:00 PM
From: CuriousGeorge	Read Replies (1) \| Respond to of 403

ScotiaMcLeod Silver Report from Oct 16, 1997 Of course they review the supply, demand, inventories etc and come to the obvious conclusion that silver is setting up to soar big time. They discuss each of the major silver stocks and have an interesting table showing how much each SHARE of each company analyzed should rise with each ONE dollar rise in the price of silver. Company........................Current..................Rise/$1 Ag Pan American......................7.40.................$5.82 First Silver Reserve........... .78...................$0.28 Avino Silver Mines..............1.90.................$1.41 Silver Standard................... 3.81.................$3.87 Hecla.......................................5.75.................$1.95 Coeur.....................................14.25.................$3.01 The others, Cons Nevada, Barrick, Sunshine, Echo Bay etc were estimated at less than $1.00 gain per $1.00 rise in silver. Off hand it would seem Pan American is the way to go, however, if we invest $1000 in each stock, here is what would happen for each $1.00 rise in the price of silver: Company..................Shares/$1000......Rise/$1Ag........Profit/$1 Ag Pan American..................135.........x...........$5.82...................$785 First Silver Reserve.....1300.........x...........$0.28...................$364 Avino Silver Mines..........525.........x...........$1.41...................$740 Silver Standard.................265........x...........$3.87.................$1025 Hecla....................................200........x...........$1.95...................$390 Coeur....................................100........x...........$3.01...................$300 (all figures $US, conversion used = .705) Clearly Silver Standard has more leverage than any silver play. If silver were to go to $20.00, Silver Standard could quite possibly go to $US 50.00 or more (especially in a frenzy). Accumulate, accumulate, accumulate.