Southern Silver Exploration Corp. (SSVFF)

[ThSeeker]

SSVFF should be 2x-3x current price

Comments from Gold Investment Letter - Eric Muschinski

Silver



The biggest bargain in the junior silver sector right now is Southern Silver (SSV/SSVFF) in my opinion as it has gotten ridiculously cheap! SSV owns 120 million silver equivalent ounces at Cerro Las Minitas (40%) with their partner the Electrum Group (60%) representing 180m (300 million silver equivalent ounces in their most recent resource, which I expect to grow again this quarter). Electrum is the smartest group in the room, run by mining billionaire Thomas Kaplan out of NYC. Kaplan knows how to make money in mining like you or I know how to breathe.



The in ground value of 120M silver equivalent ounces is more than $2.3 BILLION Canadian. SSV currently has a market capitalization of $17 MILLION CDN. A large percentage of the CLM deposit is zinc, which is back to 6 month highs above $1,30 per pound, yet SSV is trading at lows not seen since early 2016.



Yet again, companies like Silvercrest Metals (SIL/SILV) which has a smaller (albeit higher grade) flagship silver asset in Mexico, is trading for a $400 million market cap! Trust me when I tell you that the difference in value of these two companies should not be anywhere near this wide! SSV should be trading at least near a $30-50M market cap range right now, so 100-200% higher than the current 17-19 cents.



GIL readers should be loading the boat in this stock up to .25 CDN in the coming weeks while we still can. SSV will likely once again, like it was in the 2016 gold/silver run, be a top 10-25% sector performer when the precious metals market improves. Bargains on assets like this only occur in terrible environments and they DO NOT LAST forever.