Silver free fall presents opportunity to stock up on SAG.v With silver prices continuing to free fall, now is the time to look into scooping up some high potential company’s for a discount.
Sterling Metals (TSXV: SAG) is one company exploring a brand new region in Newfoundland. The company’s Sail Pond Project has yielded highly promising initial exploration results and it is currently in the middle of phase II drilling.
Management has noted the Sail Pond trend’s similarity to the Keno Hill district in the Yukon, where historic mining produced 200 Moz of silver. With the project being vastly unexplored, the potential here is extremely high. Initial results also give me a lot of confidence that there are some big discoveries coming for SAG.
SAG.v is currently trading at $.265, valued at $18.48 million.
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