Silver demand is expected to reach record highs this year with total demand estimated to hit 1.112B ounces. This means that the companies mining silver aren't going to have too much trouble finding clients, in addition to silver already being up over 10% YTD. Aside from the demand, inflation is also out of control in which gold and silver are some of the best hedges to combat it.
$SSVR.V (Summa Silver) is a Canadian exploration-stage company focusing on silver and gold properties in North America, specifically the high-grade Hughes project in Nevada and the Mogollon project in New Mexico. Currently, the company is focusing on a resource-delineation drill program at the Hughes property and has mobilized 2 drills for operations.
There‘s a webinar today that features $BRC.V (shares a border with $SSVR’s property), $HAMR.C, and of course, $SSVR.V. They'll have a panel discussion to talk about the benefits of being a silver investor during turbulent economic and political times.
Check it out: https://webinars.6ix.com/6ix/Silver-The-Jack-of-All-Trades-Metal
$SSVR.V has had a great looking trendline with upward momentum from the beginning of the year. With results expected to release soon from the drilling program, I’m excited to see what they're able to bring. Research Capital Corp. placed a $2.50 pt on them, which provides a 70% upside considering that the current price is only at $1.48. GLTA!