This stock must be reading my blog, announcement could not be more timely for chart's definite break out to the upside. This are the fundamentals of Junior mining (Company will soon graduate to Major League starting production): rising underlining price multiplied by rising resources base. Those guys kept and grow them in the ground from Silver price at 5USD. Street did not realised that this company will be producing and justify much higher multiple in the near term. Money is coming back into the market and even 1% coming back into sector will rise all our boats. 99% coming back into financials will be "our clients" after next sell off.
"July 16, 2008 5:00 AM EDT
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 16, 2008) - Silver Standard Resources Inc. (TSX: SSO)(NASDAQ: SSRI) is pleased to report that infill drilling continues to expand silver resources at its wholly-owned Pitarrilla silver project in Mexico. Measured and indicated resources at the Breccia Ridge Zone have grown by 143% and total project resources by 14% since the company's last update in November 2007. All of the silver resource increase is located in the Breccia Ridge Zone where infill and exploration drilling have been the priority."
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 16, 2008) - Silver Standard Resources Inc. (TSX: SSO)(NASDAQ: SSRI) is pleased to report that infill drilling continues to expand silver resources at its wholly-owned Pitarrilla silver project in Mexico. Measured and indicated resources at the Breccia Ridge Zone have grown by 143% and total project resources by 14% since the company's last update in November 2007. All of the silver resource increase is located in the Breccia Ridge Zone where infill and exploration drilling have been the priority."
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