Silver Standard Resources, Inc. (USA) (NASDAQ:SSRI)

At a glance this thing should rock from these levels if silver lives up to the promise. A big IF of course...

Holds rights to many reserves yet to be mined. Trading near BV makes this a cheap stock to play on higher silver prices.

top stock on intrinsic value screen

This will do well while the economy is still beaten down. Same with all gold/silver.

beaten up stock...several mines coming online next year....buying low

My thesis is that silver will not remain below $30/oz for long in the coming months, if at all, and that volatility will continue. I would not encourage anyone to invest in silver itself in this environment. However, young primary silver miners are something else completely. As long as the price of silver remains safely above production costs, silver mines have incentive to reopen, and exploration companies are motivated to look for new potential mineable areas.

Even if silver does drop under $30 for an extended period of time, the increasing production of many primary silver miners and silver explorers/soon-to-be producers will far outweigh the drop in silver price in terms of earnings. Looking out 12 months and beyond, even in a protracted environment of, say, $20-25 silver, many explorers/young producers will easily mitigate that potential drop in silver price with their growing production, and share prices will follow suit upwards.

I'm giving a Fool's thumb up to several silver miners, b/c I believe that silver will trade above $35 later this year, and will rise over time from there. However (full disclosure), I am personally invested only in the following, due in part to their extreme production growth potential (and many of them have quite low production costs, too):

Currently Producing:
*Silvermex
*Alexco
*Aurcana

Not Yet Producing:
*South American Silver
*Wildcat Silver
*Sabina
*Bear Creek

Always do your DD, and don't forget to have fun. Fool on!

Following Sinch

low PEG, strong price uptrend

undervalued silver 2011

Profile

Silver Standard Resources Inc.
999 West Hastings Street
Suite 1400
Vancouver, BC V6C 2W2
Canada - Map
Phone: 604-689-3846
Fax: 604-689-3847
Website: www.silver-standard.com

Details
Index Membership: N/A
Sector: Basic Materials
Industry: Silver
Full Time Employees: N/A

Business Summary
Silver Standard Resources Inc. engages in the exploration, development, and production of mineral resource properties in Argentina, Australia, Canada, Chile, Mexico, Peru, and the United States. The company primarily explores for silver, gold, tin, zinc, lead, and copper deposits. Its principal projects include Pirquitas project located in the Province of Jujuy, Argentina; San Luis project in central Peru; Pitarrilla project in Durango State, Mexico; Diablillos project in Salta Province, Argentina; Snowfield project in northwest British Columbia, Canada; and Brucejack project in northwest British Columbia, Canada. The company was formerly known as Consolidated Silver Standard Mines Limited and changed its name to Silver Standard Resources Inc. in April 1990. Silver Standard Resources Inc. was founded in 1946 and is headquartered in Vancouver, Canada.

***All above information from YAHOO FINANCE***

Over any time frame.

ignore this one

silver, baby, silver to $30-$59/oz..

hi ho silver--a way (up)!

Silver is at an all time low when takes as a ratio against gold. It is being used increasingly in industrial and electronic components. will rise and shine on a long term basis.

Big silver producer; a buy but perhaps not at current price (18.70) so I'm looking to get it cheaper. Massive strike in Canada increases reserves substantially (KSM deposit, B.C.) If inflation kicks in, this is a strong buy. Good option writing candidate.

lots of silver lubby lubby lubby

Silver mining strong in Canada. I love silver.

Inflation. Weak Dollar.