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Back in October 2007, SSRI traded as high as $44 a share. Now it is trading at only $19. Yet, silver traded at only $13 back in October 2007 and now it trades for $17.40, so eventhough the price of silver is now higher than it was when SSRI was trading at $44.00, SSRI is now trading at a much lower price than it did back then. Note that SSRI earnings were about the same back than they are now. Then why is SSRI now trading at such a lower price than previously? IMO it's because today most silver mine investors are focused on earnings, and not the underlying value of the silver properties that are owned by the mining companies. Back in 2007, all mines were losing money, and so the focus back then was on the the extent of the silver holdings that each company had. My conclusion is that most silver mining investors fail to consider the total assets now being held by various silver mining companies. Instead, they are focused on earnings or the lack there of. IMO they are being very short sighted and are overlooking the true value of each company. But eventually they will figure it out, especially when SSRI begins to turn a profit. Meanwhile, I am loading up on SSRI stock while it's true value is being largely overlooked. In the long run, I'll have made my investment at a bargin price, and will reap my profits later. It wouldn't surprise me if SSRI suddenly announced the sale of one or more of it's silver properties and they did a couple of years ago. When reporting the profit from that sale, the stock price of SSRI would soar upward. You will have no one to blame except yourself if you fail to pick up some SSRI at the current price. SS
Sentiment : Strong Buy Rating :
![]() ![]() ![]() ![]() (12 Ratings) |
75/Male |
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| Subject | Author | Rating | Time of Post (ET) | ||
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Relative Value And Potential Of SSRI
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seasonedspe... |
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6-Nov-09 10:05 pm | ||
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Eventually SSRI will turn a profit. First they hav...
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L0tt0 | (1 Rating) | 7-Nov-09 07:46 am | ||
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Obviously I failed to state my message clearl...
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seasonedspe... |
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7-Nov-09 09:14 am | ||
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SS are you saying that you are right and...
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seasonspec_... |
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7-Nov-09 09:42 am | ||
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I said IF SSRI was to sell one of t...
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seasonedspe... |
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7-Nov-09 12:06 pm | ||
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SS you know perfectly well that sale of ...
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shinytop12 |
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9-Nov-09 08:34 am | ||
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SS, you told us back last summer that there would ...
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seasonspec_... |
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7-Nov-09 09:40 am | ||
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You'll never get an update from me as long as...
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seasonedspe... |
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8-Nov-09 06:18 am | ||
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False monicker?
I don't think so. I...
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seasonspec_... |
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8-Nov-09 09:40 am | ||
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You hit the nail right on the head SS. SSRI may i...
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jwodone |
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9-Nov-09 11:48 am | ||
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"You hit the nail right on the head SS"
...
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silver_nitw... |
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9-Nov-09 12:33 pm | ||
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You forgot to mention that now that miners are loo...
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circlensess... |
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9-Nov-09 12:38 pm | ||
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The market is celebrating the historic victor...
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frodofrio | Rate it | 9-Nov-09 12:43 pm | ||
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Your thesis is all well and good in general, ...
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revenant_08 |
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9-Nov-09 12:56 pm | ||
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Revenant, this is all based on a false a...
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red_earth_a... | (2 Ratings) | 9-Nov-09 01:15 pm | ||
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Explain how hard it is to produce s...
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yugo559 | (2 Ratings) | 9-Nov-09 01:37 pm | ||
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...
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revenant_08 |
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9-Nov-09 02:06 pm | ||
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Revenant, don't you ever do an...
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options_tra... |
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9-Nov-09 02:39 pm | ||
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mr. options_trader122,
...
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revenant_08 |
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9-Nov-09 04:34 pm | ||
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tl;dnr
will someb...
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bittervern | (1 Rating) | 9-Nov-09 04:42 pm | ||
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And my CTO seems to ...
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would_you_b... |
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9-Nov-09 07:38 pm | ||
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In my workplace...
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revenant_08 |
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10-Nov-09 04:51 pm | ||
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ere is a n...
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justanother... | (2 Ratings) | 10-Nov-09 05:00 pm | ||
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high-tech ...
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revenant_wr... |
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10-Nov-09 05:16 pm | ||
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Woo HOO! ...
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bigjaike59 |
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10-Nov-09 10:44 pm | ||
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Oh.
"Never mind"
...
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options_tra... |
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11-Nov-09 09:37 pm | ||
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tl;dnr
will somebody lock ...
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bittervern | Rate it | 9-Nov-09 02:45 pm | ||
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Reverend, you are the one who ...
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fly9by |
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9-Nov-09 02:56 pm | ||
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reverent,
I agree with your current a...
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seasonedspe... |
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9-Nov-09 10:39 pm | ||
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Attention all remaining silverdogie...
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gata_search... |
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10-Nov-09 08:14 am | ||
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Nov 2007 was back in the day. Doesn't count any mo...
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KaaGeeBee |
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9-Nov-09 02:18 pm | ||
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PAAS is shelling out over 600 mill lately. Th...
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yugo559 |
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9-Nov-09 02:37 pm |
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