Silver Stream countdown clock is ticking..On June 6, Silverstone announced an agreement which has become their silver stream deal #2. If Silverstone keeps to the "schedule" of about one new silver stream purchase agreement every three months, the next announcement should occur before September 6. That day is about 60 days from today. The countdown for silver stream deal #3 has begun. My guess is we are 30-60 days away. Soon, the market is going to start to discount the pending deal #3, and a new wave of buyers will enter the market for SST stock.
"GUESSTIMATES":
Deal #3 will increase Silverstone's silver resources by 33% from 300M ounces to 400M ounces. Deal #4 will increase this total to 500M ounces.
Deal #3 will increase Silverstone's silver streams by 50% from 3M ounces to 4.5M ounces. Deal #4 will increase this total to 6M ounces.
"We plan to acquire perhaps on the basis of one stream per quarter, if we can do that.” - Darren Pylot, President of Silverstone
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