Silver Standard Resources Inc SSRI

Action time

[Monkeydonkey]

I think it is time to sell the pretium shares and make a move on Kirkland again. Its a real cashcow with high grade projects in australia and  canada. All tier 1 mining districts. Silver standard can really use another cash cow, in order to get sufficient cash flow to build Pitarilla without financing issues.

[dabirdman]

Do you suggest they give up on Pirquitas? If so, why?

[Monkeydonkey]

Hell no, i'm saying add cash flow with a takeover! Everthing to get Pitarilla build without heavy financing or dilution. So sell Pretium when Pitarilla is ready for construction.

[ch08532]

Need $25 silver to make Pitarilla economically viable. Until then it will sit on the sidelines.

[Monkeydonkey]

Yeah your right. I was kinda hoping they would go into construction prior to that (since i think silver is heading towards 25). But they will wait untill it is there... (had a phone call with ir) Also now i dont think they are going to make a move on kl again. Between the lines i think i heard they are looking into a smaller (close to production) mine. Could be gold again... But they keep it all

[krishak]

Well they made about $25million today from the 17million shares of PVG they own. Pretium made a new 52-week high today and has been one of the best performing PM stocks this year. At some point SSO may catch a bid because it owns 9.5% of PVG - the 2nd largest shareholder of record.

[oilslick910]

I can't download pdf's with my internet explorer 7 Are you sure we still own those shares?? Thanks oil