Southern Silver Exploration Corp. (SSVFF)

[ThSeeker]

Gold Investment Letter Comments: SSVFF at $.25 / silver OZ

...Electrum owns 60% and Southern Silver 40% of the Cerro Las Minitas project in Mexico. Electrum also owns approximately 40% of the shares in SSV itself so they are completely aligned in their interests. Last year SSV was successful in doubling their silver equivalent ounces in the ground to 200M ounces. Southern Silver's portion is 80M ounces net ownership yet the company only has a $20M CDN market which means each silver equivalent ounce of resource is being valued at less than 25 cents!


At a bare minimum this number should be over $1 in a horrendous market but at a feasibility stage in a bull market, 5-10 times that would be normalized ($1.25-2.50 an ounce). The company has a $3M exploration campaign in queue and their target this year is another 100M ounce increase in silver equivalent resource. Adding shares in SSV under 25 cents CDN is an utter no brainer! In the next bull run in precious metals stocks, SSV will once again be a top quartile performer outperforming the sector just as it did in 2016.