Silver Standard Resources shares fall after mining co. posts larger 2nd-quarter loss

NEW YORK (AP) -- Shares of Silver Standard Resources Inc. fell Friday after the mining company said its second-quarter loss widened as it prepared several highly promising properties across Latin America and the Canadian province of British Columbia.

http://biz.yahoo.com/ap/080808/silve...

take a look at the headline and first sentence of the story reported today on by AP. It says the company posted a larger loss, and then that the loss widened. Last year in the 2nd quarter, the company lost 8 cents per share. This year the company lost 9 cents (actually 8.6 cents, but i guess that rounds up to 9) per share.

technically, 8.6 is more than 8, so the loss was bigger this year. but it has been a long time since i've seen a more misleading headline. the stock is down today because the bullion banks are playing their usual games on the comex with the silver price.

we've just heard from the company, and there is nothing wrong with the operation at pirquitas or the political climate in argentina.