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Silver Mountain Resources will rise as permits and operations align by 2025

OX
OxydoxyInvested
Community Contributor

Published

February 09 2025

Updated

February 09 2025

Narratives are currently in beta

Peru mining co. permit processing and ops delayed for years. All permits , geo, enviro, regional, ops approved Jan 2025. All geo analysis complete, proven reserves, supporting community. Tailing facilities and storage see map provided on website. Company statement states they are Preparing to commence ops 2nd half of 2025. investment capital and financing in place. Considering a 10 to 1 stock reversal. awaiting shareholder vote. Expecting .06c by EOY. Old resistance future tops at .07c, .09c. ,11c and .18c respectfully. An important caveat is Peru's current political climate which is a wild card risk. However , mining exports are up strongly for 2024.

Not investment advise. See company website for info.

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Disclaimer

The user Oxydoxy has a position in TSXV:AGMR. Simply Wall St has no position in any of the companies mentioned. The author of this narrative is not affiliated with, nor authorised by Simply Wall St as a sub-authorised representative. This narrative is general in nature and explores scenarios and estimates created by the author. The narrative does not reflect the opinions of Simply Wall St, and the views expressed are the opinion of the author alone, acting on their own behalf. These scenarios are not indicative of the company's future performance and are exploratory in the ideas they cover. The fair value estimates are estimations only, and does not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that the author's analysis may not factor in the latest price-sensitive company announcements or qualitative material.

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