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Silver Standard Resources Inc: Hold, its top quality

Print This Post Print This Post | Topic: Silver Mining Companies — November 13th, 2006

This is a top quality Silver producer that will fly as silver continues its upward progress.

ssri13nov06

They have sixteen projects ranging from world class to speculative so this is the silver company to invest your hard earned cash in.

From the chart we can see that (SSO on the TSE) is trading well above its 200-Day Moving Average. This may not be the time to be buying but bear in mind that most of the quality silver stocks are trading at what looks like a premium at the moment.

Our strategy is to continue to hold on to this stock as a long-term investment as we are confident this is a real winner. If the stock price does retrace a few steps then we will add a few more to our portfolio.

13 November 2006


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