FULL DISCLOSURE: Silver47 Exploration is a sponsor of theDeepDive.ca.
In this conversation with Galen McNamara, CEO of Silver47 Exploration Corp. (TSXV: AGA), we discuss the wild move in silver, why current prices could dramatically change the profitability of silver miners, and why Galen believes U.S.-based silver resources are becoming increasingly rare.
Galen breaks down Silver47’s three-project portfolio, its 247 million silver equivalent ounces, the company’s planned drill programs in Nevada and Alaska, and why he believes the market is still discounting the company compared to its peers. He also explains the company’s broader goal of growing its resource base toward one billion silver equivalent ounces through drilling and M&A.
FULL DISCLOSURE: Silver47 is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Silver47. The author has been compensated to cover Silver47 on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
