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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?

To: Ron Everest who wrote (697)	2/11/1998 7:45:00 AM
From: Mark Bartlett	Respond to of 8010

Ron, <<Lots of better opportunities without the cash shortage.>> I agree ...the last thing a junior wants is to be cash poor at the present time. That being said, worth filing away and following every 6 months for updates ... they all have to start somewhere. MB

To: Ron Everest who wrote (697)	2/11/1998 5:15:00 PM
From: Rick McDougall	Read Replies (2) \| Respond to of 8010

GF Appears that funds are following Buffet's example. Wouldn't be surprised to see more announcements in the near future. Bodes well for Ag, PFG & FAN. Agree, too early for SDD. Rick FIDELITY PURCHASES SILVER STANDARD RESOURCES INCORPORATED COMMON STOCK AND WARRANTS BOSTON, Feb. 11 /CNW/ -- Fidelity Management & Research Company ("FMR"), 82 Devonshire Street, Boston, Massachusetts, announced that certain open-end investment companies of which FMR serves as investment manager have in recent transactions purchased Silver Standard Resources Incorporated Common Stock and Warrants. Assuming conversion of the Warrants, the investment companies hold in the aggregate, 10.44% of the issued and outstanding voting securities of Standard Resources Incorporated. Fidelity fund purchases have been made for investment; the Fidelity funds may, subject to market conditions, make additional investments in or dispositions of securities of Standard Resources Incorporated in the future, including additional purchases of both the Warrants and Common Stock. FMR does not, however, intend to acquire 20% of any class of the outstanding voting or equity securities of Standard Resources Incorporated. -0- 01/11/98