TSXV:YTC.H - Post Discussion
Post by
Justdosomedd on Jun 01, 2021 4:45pm
$MSLV - First day of the IPO
$MSLV (Mantaro Silver) just IPOd today! First day ended with a massive 3.6M volume. $MSLV is a junior silver company based out of Canada that is focusing on the exploration and mining of silver in Peru with plans to later expand into Latin America. Reading the investor presentation everything about the company screams “buy” to me.
- Extremely successful and experienced management team
- 5 wholly owned high-grade silver projects in Peru
- Silver is currently holding at $28 USD per Oz up from the $24 per Oz bottom at the end of March.
https://mantarosilver.com/wp-content/uploads/2020/10/MantaroSilver-InvestorDeck.pdf
Inflation and the crash of crypto is pushing investors to more traditional hedges such as silver and gold. I expect the price of silver to continue climbing back up to $30 levels helping increase revenues/profits for mining companies. I believe that $MSLV will pay off in the future, they’re all cashed up and ready to go here. $MSLV closed at $0.44 on the first day of trading and I’m buying a small position for my portfolio and holding it as a long term investment. Super excited for this one!
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