Post by
LatAmBull on Feb 01, 2021 9:04am
Xtierra - Undervalued, News Out Soon!
Expecting drill results from the latest drilling any day now.
While the appreciation of Silver is great news, small-cap Silver stocks like Xtierra should significantly outperform the underlying commodity price increases, as they are relatively undervalued vis-a-vis the larger names.
There are a number of other sector catalysts that may drive the share price further (to name a few):
- Recent Silver price action;
- Renewed focus and interest in the sector;
- Potential lack of production vs. global demand;
- Potentail for more capital flows into Silver to fund new projects;
- The increased focus on Silver as a safe haven asset.
Given that Xtierra hit 22 cents this summer, I see no reason that the share price can't surpass that level by this week. If the drill results show more resource, the undervaluation will be even more significant, and this stock could really go a run.
Looking forward to sitting back and watching!! GLTA!!
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