/biz/ - Business & Finance

>>23491212
>Another fairly speculative play I want to encourage people to look at is Summa Silver. They have a property in Tonopah, Nevada with a drilling program on the way currently, they're drilling near an old mine that stopped producing when silver prices went down.
Alright mixed myself up. Correction: They stopped production because the veins were offset by the fault zone and got lost, so they didn't find any more to mine and had to close down. I'll add that they have a lot of ground that is totally unexplored and their current drilling program is 7,500m long. Historical grades over 1,200AgEq (GSR 1:80). Excellent financials too -- little to no debt, current ratio 2878%(!), and they even have $5M in cash left over even after beginning the drilling program (as of May, 2020). Current highlight is 2.5m @ 3,760g/t Ag drill sample and they are expanding their maiden drilling program (14 Oct 2020)
>>23491434
Don't take my word for it, do your own research