Silver Storm Mining, 2 Ag/Au Projects in Mexico, Cash Flow Next Year
Silver (“ Ag “) is up +15%/+22% (YTD/past 12 months) , while gold (“ Au “) is +29%/+47% ! T hose are strong numbers, but not unprecedented. In the decade ending in 2011, Ag had a +23.2% CAGR, and increased +33.7%/yr in the nine years ending in 1980. The inflation-adjusted Ag price for the entire year of 1980 was $86.20/oz. Today’s price of $33.36 is -61% below that, despite a tiny fraction of today’s solar panels in use, zero EVs, and no wireless electronics or telecom systems (pre-cell phones/internet). This is year five of a mined Ag deficit. Among the top-8 Ag producing countries are China (#2), Russia & Bolivia. Given geopolitical events, it’s safe to assume that N. American economies will seek precious & critical metals sourced regionally. That’s great news for Ag/Au players in Mexico, the world’s largest Ag producer. A company I continue to love is Silver Storm Mining (TSX-v: SVRS ) / (OTC: SVRSF ), with a pro forma enterprise value {market cap + debt –...