This stock could give you massive leverage to silver prices
| | Please find below a special message from our advertising sponsor, Vizsla Silver Corp. Golden Opportunities is a free service that gives you valuable investment intelligence all year long at no charge, and advertisements allow us to continue sending these reports.
| |
Massive Leverage To Silver Prices
| |
In a promising silver environment, investors are on the hunt for ways to maximize their gains in the precious metal.
And with a high-grade resource measured in the hundreds of millions of ounces — and growing rapidly — Vizsla Silver Corp. (VZLA.NYSE-A; VZLA.V) could be the perfect silver play.
| | | |
Leverage on top of leverage.
|
That’s what a good silver equity offers investors.
|
Not only do you get the leverage that silver offers to its richer cousin gold, but you also get companies that are supremely leveraged to the price of silver.
|
You see, most silver comes as a by-product of base metal production, which means there aren’t that many silver vehicles in the equity space.
So when rising silver prices bring generalist investors into the sector, they have only a handful of options to choose from.
In the silver bull market that looks likely to take off once the Fed stops raising interest rates, owning a silver equity like Vizsla Silver Corp. (VZLA.NYSE-A; VZLA.V) has the potential to multiply your gains on the “poor man’s gold.”
That’s because Vizsla not only has a huge, high-grade resource...but also because that resource is growing at an eye-popping pace.
Consider that a recent resource update based on thousands of meters of drilling shows that the company’s Panuco project hosts more than 200 million ounces of silver-equivalent (104.8 million ounces of indicated silver-equivalent and 114.1 million ounces of inferred silver-equivalent).
|
And that resource is growing, with no less than seven drills expanding the known veins...and still only 10% of these veins tested so far.
|
Perhaps the best news?
The recent dip in silver prices has the market wildly undervaluing Vizsla’s massive silver resource at Panuco, giving you a chance to maximize your leverage by investing in Vizsla before silver’s next big run.
|
A World-Class Primary Silver Resource
|
As mentioned, Panuco’s silver resource recently got a big boost with a resource estimate that more than doubled its ounces of silver-equivalent material.
This update included a 71% increase in indicated mineral resources from 61.1 million ounces to 104.8 million ounces silver equivalent. Inferred silver equivalent resources increased 150% from 45.6 million ounces to 114.1 million ounces.
With those kinds of increases, you’d expect the average grade to have dropped.
|
Not so: The average grade actually improved significantly for both the indicated (from 383 g/t to 437 g/t) and the inferred (from 345 g/t to 491 g/t) silver equivalent resources.
Better still, 93% of the updated estimate is precious metals, with nearly 60% of that coming from silver.
|
Simply put, this is a near-ideal primary silver deposit: huge...high-grade...near surface...and primarily silver.
Save
Not A Subscriber Yet?
Get Golden Opportunities For Free
Subscribe to our Golden Opportunities e-letter to receive timely market
updates from the Gold Newsletter research team, plus video
presentations by expert speakers from the New Orleans Conference
— and the Investor’s Guide to Gold and Silver — all at no cost!
CLICK HERE to start your subscription.
|
Key Copala Vein Has Plenty Room To Grow
|
Much of the gains in the January 2023 resource update for Panuco came from the recently discovered Copala vein.
This near flat-lying vein is both high-grade and exceptionally thick, running at more than 10 meters in thickness in large parts of the vein.
So rich and large is Copala, in fact, that it makes up more than half of the total resource at Panuco (51.1 million ounces of indicated silver equivalent and 55.4 million ounces of inferred silver equivalent).
And Copala remains wide open to expansion, with recent step out drilling showing the ability to grow the vein to the southeast and east, and the mineralization as a whole open to the north and the southeast, and down-dip to the east.
| |
Intriguingly, there is an untested area to the east of Copala that prior work suggests may host an uplifted, fault-displaced segment of the vein. If so, future drilling could add significantly to the resource total here.
With +90,000 meters of drilling planned for Panuco in 2023 — and with much of it focused on expanding Copala — Vizsla’s large, high-grade resource seems destined to continue to grow in the weeks ahead.
|
A Vastly Underexplored District
|
That drilling will also focus three drills on testing the vast, district-scale potential of Panuco.
As you can see from the visual below, Panuco spans more than 14 kilometers, the equivalent of the length of the island of Manhattan.
| |
The current mineral resource estimate (MRE) for Panuco, which is focused on the west side of the property, covers less than 10% of the known vein strike on the property.
|
There’s no telling how many more veins will be uncovered on this vast, district-scale property.
But we do know this: The drills will be turning to uncover them, and Vizsla’s track record of discovery is exceptional. (Just look at the Copala vein, for example.)
|
Add it all up, and Vizsla offers both potential as it moves the current resource along the development curve...and as a discovery play with an extremely aggressive drill program in action.
|
Fully Funded For Its Next Catalysts
|
On that front, Vizsla recently bolstered its treasury with a C$45 million private placement conducted with a small group of supporters.
This raise gives the company the money it needs to complete another resource update on Panuco by the end of this year and to generate a preliminary economic assessment next year.
The raise contained no warrants and is held in tight hands, limiting its dilutive impact.
Indeed, at current trading levels, you can buy into Vizsla Silver at or below the prices these well-heeled investors paid to advance Panuco.
|
Dramatically Undervalued…For Now
| |
With an enterprise value per ounce (EV/oz.) hovering just above US$1.00 and the average for Vizsla’s direct comparables in the sector trading at US$5.31/oz., the potential is there for a big re-rating of Vizsla Silver in the days just ahead.
That makes this a tremendous value play with near-term catalysts.
|
But investors also enjoy high-powered potential leverage to silver prices...the multi-bagger possibilities of an exploration play...and the steadier, value-creation path of a development company with a world-class resource.
|
The bottom line: Anyone looking for the perfect silver play needs to do their due diligence on Vizsla Silver...and soon.
|
CLICK HERE
To Learn More about Vizsla Silver Corp.
| | |
© Golden Opportunities, 2009 - 2023
| Advertisements included in this issue do not constitute endorsements from us of any stock or investment recommendation made by our advertisers.
Warnings and Disclaimers: As you know, every investment entails risk. Golden Opportunities hasn’t researched and cannot assess the suitability of any investments mentioned or advertised by our advertisers. We recommend you conduct your own due diligence and consult with your financial adviser before entering into any type of financial investment. This profile should be viewed as a paid advertisement. The publisher and staff
of this publication may hold positions in the securities of companies discussed or recommended. The information contained herein has been received from sources which the publisher deems reliable. However, the publisher cannot guarantee that such information is complete and true in all respects. The advertiser provided a review of the factual content of this advertisement at the time of publication. The publisher
is not a registered investment adviser and does not purport to offer personalized investment related advice; the publisher does not determine the suitability of advice and recommendations contained herein for any reader. Each person must separately determine whether such advice and recommendations are suitable and whether they fit within such person’s goals and portfolio. The advertiser featured in this edition of Golden
Opportunities has paid the publisher for the costs and compensation related to the authorship, overhead, design and distributing this online edition, in the amount of $7,500. The publisher may receive revenue, the amount of which cannot be predetermined, from sales resulting from any accompanying offer. Authors of articles contained herein may have been compensated for their services in preparing such articles.
Golden Opportunities
Jefferson Companies
111 Veterans Memorial Blvd. Suite 1555
New Orleans, LA 70005
1-800-648-8411
| | | |