RE: RE: RE: RE: RE: An acquisition target in spade On a resource per oz, Silver standard is by far the cheapest silver miner on the market. They are trading at 15 of it NPV0%. That is by far the cheapest silver or gold senior or intermediate by this metric so the share price will highly leveraged to the price of silver as its NAV increases more dramatically as the price of silver increases.
The thing to remember about Silver Standard is that those that invest in the company have a belief that silver prices are not going to go to $22 but rather will revert to its historical correlation to gold on a 1 to six basis and that gold and silver prices are going to resume their long term trend upward.
How in the world in the US ever going to begin a reduction in their $16.5 trillion debt as the interest effect alone (despite the rates being at historically low levels) is adding substantially to the debt level each year.
Silver standard is for an investor that wants more torque than just buying a physical silver EFT.
Silver standard has half a billion ozs of reserves. Their San Louis project is a gold/silver mine that has fantastic economics and will be rapidly brought to production once the second of the two native peoples give their development agreement as they have the other permits they require,.
Hopes this helps