- Miners' Wingman
- Posts
- Reviewing a Silver Stock
Reviewing a Silver Stock
Wingman
February 05, 2024
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
If ever compensated for an article, it will be mentioned here.
We noticed that on Mondays, we do not release an article because, well, there is no news on Sundays.
Please let us know if you found value in this format as we review Highlander Silver. This company announced in November an agreement with SSR Mining to acquire their Peruvian San Luis gold-silver asset. It is high-grade with some exploration potential. The 2010 Feasibility Study seems economical; however, it only showed a 3.5-year mine life. Now, surely, Highlander Silver will conduct further exploration, but as it has been 14 years since that Feasibility Study, the economics could change dramatically given the increase in the value of gold and silver.
This company has backing from both the Lundin family and the Augusta Group. So, although an announcement has not been made in terms of how they will finance this project, there is no shortage of money to do so.
While editing, we noticed that we discussed the warrants multiple times in the video but failed to mention the exercise price. To save you some time:
October 23, 2023 – Vancouver, British Columbia – Highlander Silver Corp. (CSE:HSLV) (the “Company” or “Highlander Silver”) is pleased to announce that, further to its news release dated October 3, 2023, it has completed a $3 million offering (the “Offering”) of 30,000,000 units (the “Units”) of the Company. Each Unit is comprised of one common share (a “Share”) and one warrant exercisable for one additional Share at a price of $0.15 per Share for a period of 3 years from the date of issuance.
We do not hold a position in $HSLV, but regarding silver stocks, this one is interesting.
Subscribe and show some love if you like content like this. If you are already a newsletter subscriber, might as well be a subscriber on YouTube!
Reply