Wednesday, December 10, 2008

Accumulate Silver Standard (SSRI)

Part of our play on bludgeoned junior miners. La Pitarilla in Mexico is a monster. Las Pirquitas, looks set for Q1 2009 production.

The company is cashed up with $145m cash.

We will not pretend to have caught the bottom, but have bought a slug in the 8s and 9s per share.

As always we are not making recommendations for anyone, but outlining our personal investment decisions. We are not registered investments advisors and do not give investment advice.

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