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lance sjogren » Comments » CEF

  • Short Squeeze in Silver - How to Profit [View article]
    I like silver, my main silver stock is Sabina Silver.

    In my view they are the best choice if you prefer to invest in an exploration-only company that is sitting on a known deposit.

    Their net cash position is a large portion of their market cap, if you back out the cash you are getting silver in the ground in a large deposit with a good grade of silver and other marketable minerals for something like $0.10 per ounce of silver equivalent. Plus, the deposit is in politically-safe Canada. It is in a remote area, however, so whoever eventually develops the deposit will have to incur major capital cost. But the deposit is big enough to be able to support such capital expenditures.
    Mar 23 11:36 am |Rating: +1 0 |Link to Comment
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