SHSH's CEO use to teach at a mining/geology school and has many years experience in the mining sector, however they have not given many updates as of recent. This is my one complaint... but i have a feeling we will see one soon
They've been busy setting up a first class mining operation with their Lakeview District, of which they hold the rights to the WHOLE district(multiple mines). They could probably sell this district for millions alone, especially since its set up to run through winter without having to shut down... http://www.shoshonesilvermining.com/lakeview_silver.html
As far as managing debt/dilution, using cash wisely, etc, they have done a tremendous job. To have multiple properties ready for production, without significant debt/dilution says a lot. It takes a lot of $$$ to get this stage, but they were able to do it without destroying the structure/investors... Their MANY properties were purchased when precious metal prices were significantly lower and are no doubt worth MUCH more now
If they give an update and attract a wave of interest, we could see a significant move from these levels... IMO compared to other miners at the same stage SHSH is undervalued. It should be worth $20,000,000+ (at least) IMO, which puts the PPS around the .50 level.
As a comparison, SFMI's market cap is about $40,000,000 currently (its traded as high as $80+ million) and SHSH is currently about $6,000,000... and they are both Idaho miners near the same stage. This is why i see it as the better bang for the buck.
SHSH has not been hyped up like SFMI, which is why we are able to enter at such a low market cap. Its still flying under the radar, thus providing a great opportunity IMO... The whole sector is starting to rise and SHSH should benefit greatly as more and more discover its value.
The greatest gains in the market come from finding these plays before the masses.
These ready to produce gold mines offer tremendous potential for SHSH as well... FYI, they have three NI 43-101 reports completed for their properties...