First ECU which before the recent plague was my largest holding, now SSRI which is still my largest holding.
SSRI anounces a massive PP at a 15% discount to last Wednesday's close. SSRI is one of the strongest silver stocks going. and it took a bath, but nothing compared to the 60% bath ECU has taken. I feel raped with out the aid of vaseline.
The company intends to use the net proceeds from this Offering for the development ofmineral properties, working capital requirements, to repay indebtedness outstanding from time to time or for other general corporate purposes.
UBS Securities Canada Inc. is acting as lead manager and sole book runner of the Offering.
http://biz.yahoo.com/iw/090224/04768...