Ben Kramer-Miller
Gold & precious metals, macro, research analyst, deep value

Buy Silver Standard Resources If You Believe Silver Prices Will Soar

This article is about Silver Standard Resources (NASDAQ:SSRI). Silver Standard Resources currently has a market capitalization of $565 million. It currently has one producing silver mine--Pirquitas--as well as a substantial pipeline of other projects. In fact this pipeline is so substantial that the company has more proven and probable silver reserves than any other silver miner, and it has the second most silver reserves and resources of any silver miner, and the leader in this category only has about 30% more with an $11 billion market capitalization (Fresnillo).

Why, then, are the shares so inexpensive? This question becomes far more pressing when considering the company has $500 million in cash with only $180 million in debt, as well...

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