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Southern Silver Exploration Corp. V.SSV

Alternate Symbol(s):  SSVFF

Southern Silver Exploration Corp is a Canadian company engaged in the acquisition, exploration, and development of natural resource properties for enhancement of value and disposition according to sales agreements or development by way of third-party option or joint venture agreements. Its properties include Cerro Las Minitas and Oro. The Cerro Las Minitas property is a silver- lead-zinc property, which is in the northeast of the city of Durango in Durango State, Mexico. The Oro property is a gold-silver-copper- lead-zinc property, which is in the southwest of the Silver City porphyry copper district.


TSXV:SSV - Post by User

Comment by maineriskon Jul 21, 2020 10:51am
91 Views
Post# 31295891

RE:RE:Silver price is now in breakout............

RE:RE:Silver price is now in breakout............Your quote of silver increasing from $19 to $38 might bring price of 1.50 a share on current price of .45. That is roughly three times based on your numbers. If a silver miner is making a profit of 10% on the $19. price or $1.90, his profit increases $19. And plus his original 1.90 or now a profit of $20.90 on the silver price of $38.00.  So the price of the stock based on these numbers should increase ten times from .45 to 4.50 a share.  Same increase as the profit. 
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