this is from mining news review:

In this inaugural edition of our Mining News Review we’ve chosen to spotlight Silver Standard Resources (SSRI). This past Monday, Silver Standard announced the results of a preliminary economic assessment combining its Snowfield and Brucejack projects. Although the net present value and production profile of the combined mining operation is still not very large relative to the estimated $3.5 billion in capital costs, there is quite a bit of room for growth and improvement as the parameters are refined. With some optimization work, it is possible that Snowfield and Brucejack might even justify Silver Standard’s entire market cap by themselves. That would leave substantial upside to account for the production at the Pirquitas mine in Argentina where estimated silver production in 2010 is 7 million ounces, not to mention Silver Standard’s other properties.

The compay’s silver production is targeted to grow to over 19 million ounces in 2013 (plus significant zinc, lead, and tin by-product credits) as Pirquitas is expanded and the large Pitarilla project in Mexico, as well as the small but high grade San Luis project in Peru, are brought on line. When it was an ounces-in-the-ground accumulator, Silver Standard was arguably valued more highly by the market than the sum of its parts, so perhaps it shouldn’t come as a surprise that having graduated to the coveted silver miner/developer status means the company is now seemingly valued at less than the sum of its parts.

Silver Standard’s management is acutely aware of this problematic situation and we expect them to monetize Snowfield and Brucejack in the near future, perhaps by pairing up with the nearby KSM project of Seabridge Gold (SA). This emerging gold-copper porphyry district in northwest British Columbia is already host to over 60 million ounces of gold, 300 million ounces of silver, 12 billion pounds of copper and significant molybdenum and rhenium credits. Such a massive resource base is quite remarkable when considering that most of the exploration work took place within the past 3 years.

http://seekingalpha.com/article/226391-silver-standard-resources-head-and-shoulders-above-the-competition?source=yahoo