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Gold/Mining/Energy : Silver Standard Resources Inc. NSC: SSRI CVE: SSO

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To: Outer-limits who wrote (145)5/3/2002 3:43:57 PM
From: Claude Cormier  Read Replies (1) of 165
 
<Question for you though is: How do you know silver isn't going to 6 bucks?? >

I don't know. But judging by its behavior right now. It will be tougher for silver to move to $6 than for gold to move to $400. A a lot thougher.

I am still bullish on silver..but my target is $5.25-$5.50. And with that range, I am not gonna buy SSRI when a stock like BAY is available. If silver start to move more than it has done and the gold/silver ration start coming down below 60:1 then I will start buying PAAS and SSRI.. but for now, I feel BAY is the only one that make sense as the best primary (soon-to-be) silver producer.

<Would anyone have called for Gold to go back above 300 bucks 6 months ago??

Gold and silver are different beast.
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