With the recent surge in silver investors are most likely going to pile in these silver mining stocks. I found a good one to look into $SILEF They already started mining and showing early success. So far 1,105,401 oz of silver has been mined and shipped based on reported tax government records according to their recent PR from last week.

Their Pulacayo-Paca project has a total indicated resource of 106.7 Million oz silver. That's well over 3 BILLION dollars worth of silver.

Current market cap is at $17M USD making it attractive.

They also have a nice looking balance sheet and the stock is even trading under book value at the time of writing this. Latest quarterly filing shows:

$47M in Assets $13M in Liabilities

in Canadian dollars (Period ending 6/30/24)

This is worth looking into asap mainly because they already shown success in their mining operations and the insane amount of indicated Silver at their Pulacayo-Paca. Also with the price of silver taking off a lot of investors are looking into junior silver miners which tend to run the hardest when the price of silver squeezes like it is now. The price of silver just hit $35 today. This is the highest level for silver since March of 2012

They also have a solid management team with decades of experience and success in the mining field.

For example one of their directors, Nigel Lees was the founder of TVX Gold which merged with Kinross Gold NYSE $KGC which trades at a $12B Market cap.

Nigel also served 17 years as a director of Yamana Gold which was acquired last year by Pan American Silver NYSE $PAAS for $4.8B

Ron Espell, 17 years at Barrick Gold Corp $GOLD which trades at a $35B market cap. Ron Espell also had a major role at McEwen Mining $MUX

Bill Pincus over 40 years of experience. He was the founder and president of Esperanza Resources which was acquired by Alamos Gold NYSE $AGI a $8B market cap company

With all that said I really think this one could be huge winner especially with the price of silver skyrocketing investors will be piling into silver mining stocks.