Silver: Best performing asset in first half 2024
Precious metals are looking very good towards weekend.
Rally in metals is supported by miners.
Metals and miners will be gaining a momentum next week.
We expect strong rally over the coming days and weeks.
Shanghai will continue to lead
AI, Solar, Aerospace and Military the top 4 use categories
All eyes on Dolly Varden Silver, Outcrop Silver and Kuya Silver
Silver: Best performing asset in first half 2024
Meanwhile Gold’s Breakout is in progress
The Market has not priced in that this Jr Miner has entered Production
+5 Other Reasons to buy Kuya Silver
Production began Late May 2024
1. Producing already! Their flagship Bethania Mine started production a few weeks ago and the market still has not woken up. The company is valued like a junior explorer that will never go into production. Once the market revalues we could easily see the stock double. (minimum)
2. Skin in the game: Kuya CEO David Stein funded the company out of pocket for many years ($2 MM+) and still owns 10%. Management is fully aligned with shareholders to get the stock price up.
3. True silver mine - vast majority (~75%) comes from silver, giving silver investors exposure to higher silver prices. Most “silver” miners derive most of their revenue or resource value from gold or zinc.
4. Bethania mine has fantastic economics. Once the initial stage is ramped up in mid 2025 margins should be 50%+ at current silver prices. Expansion capital is modest so the mine can keep growing through internal cash flow
BONUS
5. To remind you that you that as a shareholder you get another 100% owned spectacular high grade silver project for FREE they are giving away their Silver Kings hockey pucks made from 2 billion year old rock from the site where they found over 1.5 PERCENT!! ( Holy Smokes: 15,000 grams per ton) silver over 3.35 m (10 feet) in a new discovery just last year.
This project is fully funded for a drill program starting shortly.
https://finance.yahoo.com/news/kuya-silver-initiates-2024-silver-120000891.html
We will be announcing the contest rules on Silver Academy’s Kuya Silver *Hockey puck promotion Monday July 1, 2024
VIDEO - Kuya Silver CEO David Stein describes the Kuya Silver hockey pucks
Pucks are made from core samples , Silver and Cobalt
https://kuyasilver.com/news/news/news2023/uyailvernnouncesewlyiscoverednguseinssays1620230404093200
Enter the Kuya Silver SilverKings Puck Contest
Pucks are made from Silver and Cobalt (Drilling Core Samples from SilverKings project in Cobalt Ontario)
Ore grade is 15,000 grams per ton (one of the highest grades seen in past decade)
Contest rules here - https://www.reddit.com/r/SilverDegenClub/comments/1dst310/kuya_silver_silver_kings_puck_contest_prize/
Nice summary. Thanks. I see ‘they’ were able to get the weekly close below 2400 in the last 30 minutes. The best they could do I suppose.