Post by
blackgold14 on Jan 29, 2021 12:07pm
High Grade Silver Stock Under 25 Cents ?!?!?
There are very few silver stocks trading on the Canadian stock market. Probably well less than 100. Even fewer that are trading under a quarter. The ONLY ONE that I'm aware of with an already established substantial resource that is trading under a quarter is Xtierra. The Bilbao project in Mexico has a resource of roughly 10 million ounces (7.8 million recoverable over a mine life of 8 years in the PEA) with the potential to double or triple easily based on the current drilling campaign on the super high grade satellite deposits which previously had drilling intersections of over 10 ounces/ton silver. One of these days, XAG will explode to the upside if the price of silver moves up dramatically or if the company comes out with great drilling results. Management, insiders and large shareholders hold about 80% of the stock. Time for silver investors to wake up. If anyone reading this post knows of any other silver stock with a substantial resource that's trading under 25 cents, I would appreciate it if you'd let me know.
Comment by
Goldtrader on Jan 30, 2021 2:47pm
The Elite 8 Of 'Value' Based Silver Companies https://seekingalpha.com/article/4158437-elite-8-of-value-based-silver-companies