Good morning.
From my point of view an interesting silver producing company. The share price is correlating with the silver price and silver -like gold and other commodities- will climb higher due to the manifestation of higher inflation rates and the monetization of government debt.
The governemnt debt of the USA is nearly 30 billion (30,000,000,000,000) US-$ and the latest data on total interest spent for this debt was after the high of 2019 the highest ever (!).
Debt to the Penny | U.S. Treasury Fiscal Data And this even with the low average interest rates of under 2 %. Imagine how they would finance the debt burden with higher rates ? The interest expense would explode and destroy the budget. Think about.
Government - Interest Expense on the Debt Outstanding (treasurydirect.gov)
Government - January (treasurydirect.gov) Fear about rising interest rates ? I personally have no fear, because any interest hike can only be cosmetical because the debt as a whole would become unfinanciable, if they really would hike the interest rates to a level which would be dangerous for the economy.
They are catched in the debt trap. Think about again :o)
Think about. A good gold and silver producer, which has only a small amount of their production hedged is a good chance to participate on higher gold and silver prices.
It is worth to keep an eye on the development of Aurcana Silver.
Have a nice day and a good time.
Cheers.