Source: Brian Sylvester of The Gold Report 09/01/2010

Everyday New York-based investment gurus Jeff Mosseri and Doug Loud make key decisions for their high net-worth clients. Many of those decisions involve strategically positioning investors in small- and micro-cap gold and silver plays. In this exclusive interview with The Gold Report, you will learn some of the names of those plays and how they use Mosseri and Loud as hedges against a failing economy.

The Gold Report: Today, we're talking with Jeff Mosseri, president of New York-based Greystone Asset Management and a director of Axiom Capital, as well as Doug Loud, who is the executive director of both companies. How do you go about making your clients money?

Jeff Mosseri: We are paid by our clients to invest in small- and micro-cap stocks. We get very close to a company with a unique or very desirable product and that has recently had a problem or a corporate reorganization. We look for that problem to be solved by new management or with a new business plan. Then we look for an exciting growth picture over the next three years to five years, where we can make a lot of money for our clients. That takes us to mining because we believe that with the slow economy, the Fed will continue to print ad nauseam. The result of that will be that the precious metals, and probably all commodities, will benefit as a protection of buying power....




"TGR: Alright, Mr. Mosseri, what about Silvermex?

JM: In short, Silvermex has superb management that it's imported from Hecla Mining Co. (NYSE:HL) and from Silver Standard Resources Inc. (TSX:SSO; NASDAQ:SSRI), in Chairman Art Brown and President Mike Callahan, plus several other senior people.

TGR: When are they expected to bring Rosario into production?

JM: Before the end of next year.

TGR: Do you have a price target on Silvermex?

JM: Yes, I do; but, again, we don't give out specific numbers. Let's say they will be considerably higher than the price at which they did a financing about four months ago, which was CAD
.45.

DL: The reason we do mining stocks is because you can later sell them in multiples of the original price. It's very disappointing if they only grow 5% or 10% in a year.

JM: But the key to Silvermex is great management, ease of production and low capital expenditures. They should have a capex of less than $25 million to put the mine into production. When they acquired Rosario, they bought basically everything (including the tailings ponds—everything except the mill itself). It should be relatively easy to put Rosario into production.

TGR: But the share price is slumping some now.

JM: We view it as a buying opportunity. In fact, we have bought stock around these prices."

http://www.theaureport.com/pub/na/7251