Silver Standard Resources and the Chinchillas Project
Last Tuesday Silver Standard Resources Inc. (SSO:TSX; SSRI:NASDAQ) released its Q3 results and the company hosted a conference call the day after, linked to here. In the call the joint venture with Golden Arrow and the Chinchillas project were mentioned on several occasions. To make things easier, a kind Golden Arrow shareholder created this mp3 where all the segments are edited together.
Silver Standard's current operation, the Pirquitas silver mine, is performing very well, showing both higher production and lower cut-off, which results in lower cash costs. Bottom line, it's a world-class silver mine. The mining will end soon but the stockpiled ore will keep the milling going throughout 2017.
Silver Standard stated that a final decision on the Chinchillas project will come around New Years, possibly shortly after (our personal guess Jan-Feb). A lot of technical work is being done with great results and both EIA and mining permits have been applied for.
A long-term stink bid order got filled on Friday and we bought Golden Arrow shares at $0.66 as a trading position.
If that is not it please do post it, thanks
Gecko Research is composed of a small group of private investors whose aim is to broadly share knowledge and investment ideas. Its research is independent and is based on its view of the company or sector based on publicly available information.
FEATURED Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • Apr 25, 2024 8:52 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM