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To: yard_man who wrote (4127)12/10/1997 5:10:00 PM
From: scotty  Read Replies (2) | Respond to of 116900
 
Barry,you might buy some June Hecla 5 calls,up a measly 100% this week,or some April Battle Mountain 5 calls.



To: yard_man who wrote (4127)12/10/1997 5:40:00 PM
From: Little Joe  Read Replies (1) | Respond to of 116900
 
Barry:

My stock broker (Legg Mason) can get bags of silver coins. I think on margin, but I would have to check. You could also buy options on silver stocks which will probably appreciate more than silver and could give you good leverage. With regard to silver coins a particularly good situation exists now to protect your downside by buying 40% silver coins. If silver does go down your downside is limited to the face value of the coins. You are probably taking only a ten percent risk at these levels. I would check that, but I think I am right.

Live Long and Prosper,

Little Joe