david urban writes about the company, and the possibility that pitarrilla is on the fast track. i hope he is right, but i still think we are still at least 2 years away from production there.

Silver Standard is making progress towards building out and leveraging the cash flows from Pitarrilla, its major project in Mexico which holds an estimated 91.7 million ounces P&P and 633 million ounces MII of silver.

An important note made in the 4th quarter conference call is that SSRI’s management is exploring opportunities to bring the Pitarrilla project in Mexico into production as soon as possible.The exciting part about this statement is that Pitarrilla is a deposit whose cash flow can be levered to create value either through funding internal capex, making non-dilutive regional acquisitions to add value to the mining camp, and return cash to shareholders either through dividends and/or share buybacks.

SSRI has already purchased the mills, which indicates an intention to bring the mine into production.

It is very good to see SSRI moving forward on the Pitarrilla project in Mexico. This is a major project which whose cash flows can be levered to create further value.The key will be how quickly Pitarrilla can be brought online.

http://seekingalpha.com/article/257181-silver-standard-resources-stock-should-break-higher-but-wait-for-a-pullback?source=yahoo