Silver Tiger Metals Edges Closer To Construction
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- Опубликовано: 20 май 2024
- Exploring and Developing the Historic El Tigre mine district in Mexico.
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This is my biggest stock holding period. Majors included. I have a lot of faith the permit gets updated and they build this highly profitable, low cost open pit to fund the high grade underground.
THANKS FROM AUSTRALIA
My largest holding also. I have been CAD before the PFS under .20. There are very few viable exploration properties in the world. Reminds me of NTO.
Well I happen to agree with that Josh, also my largest holding. 👀
I think we're in good hands. This company is Rick Rule vetted (part of his symposium). Plus 2 paid mining newsletters I have also like them. One considers them a Top 25 stock. Plus I did my own DD into the teams track record.
This wasn't my largest holding but with recent increases it is now.
Between February 28, 2022 and April 13,2022, I built my original position in Silver Tiger at an average cost of $.48 USD. Silver opened at $24.62 on February 28,2022 and closed at $26.03 on April 13, 2022.
I still hold those original shares and have purchased more. I still hope to do very well on my original shares.
When I purchased my original shares, the SLVTF:$Silver ratio (SLVTF divided by the price of silver) was around .02 and the 200 day Moving Average of that ratio was .0193. Today, the ratio sits at .0066 and the 200-day moving average of the ratio is .0056.
If the ratio was at .02 today, SLVTF would be sitting at $.61 per share. I hope to see the SLVTF:$Silver ratio move far north of .02 in the years ahead.
So they want to build based on their PFS?! This can be a recipe for a desaster.