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 : Silver prices -- Ignore unavailable to you. Want to Upgrade?

To: Don S.Boller who wrote (1468)	12/3/1998 3:21:00 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 8010

FSR...they trade on Toronto chart.canada-stockwatch.com Basically First Silver is a one mine operation in Mexico. They mad $0.7 per share in the last 9 months. Good reserves and excellent potential to increase them. The only drawback is that they don't have a lot of cash...enough to cover their short term liabilities though. So if silver goes to $3 and stay their for 2-3 yeasr..FSR could come in troubles...but otherwise, they are genertating cash right now. In last year silver rally, FSR was probably one of the best performer tripling (from 0.66 to $1.99) in less than 5 months. If silver move up again, FSR will repeat its performance and possibly more.. Current exploration ongoing is slowly revealing a brand new picture. Possibilities of new high grade reserves..