Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bald Man from Mars who wrote (224)	9/16/1998 7:44:00 PM
From: Richard Mazzarella	Read Replies (3) \| Respond to of 403

BMfM, <<went from 5-5/8 to less than 1>> Leverage against the price of silver. For the same reason it went from $5+ to <$1, it will go from <$1 to $5+ if the price of silver improves. Some project silver at $8-10/oz in the next year. $5 SSRIF would then look very cheap if that occurred. That's the game in any metals stock, it's the leverage against the metal price. If you believe that silver price will go back up, average down. If you don't think silver price will improve soon, sell and put your money into something else.