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Message: silver standard discussed at financialsense

silver standard discussed at financialsense

posted on Apr 26, 2009 10:04AM

jim puplava spent five minutes discussing silver standard in the second half of the third hour of his radio program. his company did the early financings and he has known robert quartermain for many years.

to sum up, rq has always emphasized shareholder value, and understands that they supply capital and own the company. he avoided the pump and dump shops and raised capital from institutional investors who are in for the long term, and would exercise the warrants if the price goes up. he bought silver properties at 2 cents/oz and unlike some competitors, he didn't go into production until it would be profitable to do so. most importantly, he doesn't have an ego, and brought in experienced people on both the management team and the board to help him take the company into production. so despite the company issuing new shares, the number of ounces per share continues to grow every year.

the discussion starts about 20 minutes into the program:



http://www.financialsense.com/fsn/ma...

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