the new president was interviewed by the wall street transcript:

TWST: What are your priorities for the next 12 to 24 months? What would make that time frame a success?

Mr. Smith: In the next 12 months, what's important for Silver Standard are a number of things. We are primarily an exploration-based company that produces project options, and we'll decide to develop those that make sense in terms of our capability and capacity. And then there will be some which are best developed by others and which we'll seek to monetize. An example of that is the sale of Snowfield and Brucejack projects just now to Pretium Resources. That deal will generate $450 million for Silver Standard, of which $215 million will be cash and the remainder will be equity in Pretium. This is an example whereby we use the portfolio not only to identify good projects that are the right projects for us to develop, but projects that are best developed by others that can be monetized to assist in the cash flow required for our development.

TWST: What do you see as some of the key hurdles?

Mr. Smith: I think for Silver Standard, clearly having one mine in production in Pirquitas is important - we need to get more projects through to development stage. For us, critically, is making sure that exploration continues, as it has in the past, to be generative. Just doing what we do well is very important. The development and production end is the new part of our business, and it's got a different requirement in terms of capability and skill set; and making sure that we have both the capacity and capability to execute our business properly, on time, on cost and with quality. Keeping that course is vitally important. So for the next period for Silver Standard, we'll continue to focus on capability building and at the same time bringing through projects to help fill that part of our business pipeline.

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