thanks "fabian"--bot SSRI $12.50
first serving...
03/11/2009 Buy xxxx SSRI SILVER STANDARD RES INCF [Details] $12.50800
RE: EMAIL from "Fabian" minutes ago:
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"This pullback to the $12s is probably a good place to start accumulating for 2-4 yr hold.
No attempt here to pick the exact bottom of the pullback. This is not 2 day in and out trading information. it's for some one who believes as I do that silver has continued long term upside and is looking for a good stock to play it.
$12s is a good place to buy with the option of adding more should it go down.
Not normally something I recommend...."averaging down on losers" but in this case, I'm comfortable with the long term silver outlook. SSRI has a lot of it in ground in politically secure areas , and they are ramping up production this year.
So this is more of a play on silver, an asset play which I would gladly add to on weakness.
There are very few "decent" silver stocks out there. I believe this is one of them.
Have owned them on and off for years and I've always been impressed with the management. Real sharp guys and highly unusual for a precious metals company who seem to attract an inordinate amount of unimpressive talent.
--Fabian
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--ChartReader
"Every day when I wake up, a thousand paths open up before me." (Henry Miller)
