Another 8.6% Push Today Silver is used in a wide variety of items such as jewelry to electric cars. And with the dollar the strongest it’s been in decades, that has created downward but temporary pressure on commodity prices. However, with inflation continuing to stay high, there could be significant upward room for prices as the government will soon start to slow down with their rate hikes.
$SAG.V is a company I’ve been watching as they continue to pursue the exploration of a diversified set of metals with a focus on silver. This Sail Pond Project has a few key indicators to the potential of the overall project’s success.
- 100% owned with $4M spent on the project to date.
- Good access to infrastructure with easily accessible paved highways, forest access roads and trails. It’s also adjacent to many regional services, power, water, and is within 32 km of the St. Anthony regional airport (this access makes it far more cost-effective for exploration/any production efforts).
- Previous drilling at the Heimdall Zone found grades of up to 4,413.58 g/t AqEq. This really shows that there could be a huge potential discovery waiting to happen, and as they’re currently undergoing a 7,500m drill program at the Sail Pond project, I’ll be waiting on the results to confirm this project as extremely high-grade.
Overall, considering the past results, low valuation, diversified metal focus, and strong management team, $SAG.V is an interesting company to keep an eye on, especially with the drilling program now 2 months in.