Fundamentals of The Silver Market
Robert A. Quartermain
President & Director, Silver Standard Resources Inc.
July 13, 2002
FSO's Top 10 Ask The Expert Interviews for 2002
Silver Standard Resources Inc. is among the few publicly-traded companies in North America that are focused on the development of silver deposits internationally. Silver Standard's objective since 1994 has been to acquire significant in-ground silver resources and to develop these projects into silver-producing mines. All but one of the company's projects have been purchased or optioned at a fraction of silver's current price and at a significant discount to the investment by prior owners.
Silver Standard was incorporated in December 1946 and has been involved in exploration for and production of precious and base metals for over half a century. Since its inception, the company has earned a reputation for integrity and professionalism in the resource business.
Silver Standard's board of directors and senior management are predominantly geologists and mining engineers with extensive experience in the exploration, development, financing and operation of both underground and large-scale open pit mines in a variety of climates and political environments.
Robert A. Quartermain, age 46, is the President and director of Silver Standard. Mr. Quartermain is responsible for the company's day-to-day operations as well as strategic planning and the raising of capital to fund operations.
Mr. Quartermain graduated in 1977 from University of New Brunswick with a B.Sc. in geology, and from Queen's University in 1981 with a M.S. in mineral exploration. From 1976 to 1982, he worked for the Geological Survey of Canada and in private industry on mapping and exploration programs. Mr. Quartermain also worked for Teck Corp. before becoming president of Silver Standard Resources Inc. in 1985. Since 1985, Mr. Quartermain has been involved as a director and/or officer of a number of public resource companies including currently Repadre Capital Corporation and Western Copper Mining Corporation.
Silver Standard Resources Inc.
999 West Hastings Street, Suite 1180
Vancouver, B.C. V6C 2W2 CANADA