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


To: Dundee Maples who wrote (125)1/1/1998 6:01:00 PM
From: Ron Wilkinson  Respond to of 403
 
Dundee, don't follow this one often. Are they near getting any of it
out of the ground yet or still just buying reserves? Regards, Ron



To: Dundee Maples who wrote (125)1/2/1998 12:13:00 AM
From: Peter  Respond to of 403
 
Check my "some thoughts" thread and tell me what should I do with a less than 30% return in a year stock. Anything return less than 20% in two months is a potential loser.

If I still hold it, I will consider the following:
1. one is the tax-loss selling is over, so mining industry rebound might help the company.
2. The stock has no tax-loss for last year, so people might sell it now to avoid tax.
3. silver dropped 17 cents (probably for the last trading day), it might go lower, thanks to weaker oil price.
4. Pan American silver is a better choice, I will buy this one if I am convinced that Indian will buy at higher silver price, especially at this south-east meltdown time.
5. Also check the warrants exercise/expiration of SSRIF and PAASF. Sell before those warrants expire ( I think they are in the money, if they are close to expiration, sell before someone exercise it to bring the price down.)
6. Call both companies to see if they will have some developments and judge by yourself. ( I don't own any of them, so I will pass this duty.)
7. Don't listen to the so-called Specialist-brokers, they only know more about commisions, that's all.



To: Dundee Maples who wrote (125)1/2/1998 5:07:00 PM
From: philv  Read Replies (2) | Respond to of 403
 
Dundee: The following is a good read, pro/con regarding Silver

kitcomm.com

Phil