Post by
LatAmBull on May 10, 2021 9:52am
Silver pushing $28/ounce, stock is ~50% undervalued
In the summer of 2020 and January/February 2021, Silver pushed past $28/ounce, and the Xtierra stock hit 20 cents. Silver touched $27.98 today, so I expect price momentum in Xtierra.
I've noticed as a small cap stock Xtierra seems to lag overall Silver prices by a few days, but I have no doubt that that investors will take notice.
Xtierra is like a call option on silver prices, because if silver prices are $30/ounce than the mine is worth a lot of money per the feasbility studies that have been done. Practically speaking, this likely means a sale or royalty agreements on the assets owned.
GLTA!!!!!!!!!!!!