markusw_92

[TheApeOfGoldStreet @TheApeOfGoldST]

⏰ $SSV.v - Southern Silver Exploration
(READ THIS POST WITH YOUR SUNDAY COFFEE)

Weekly and Daily charts:

Weekly:

Is this an area where you sell, or an area where you want to be positioned?

In my book, it is either just up from here, or we get a false breakdown, reversal, and then up we go.

Headlines around Iran decide the short-term timing. I’m loaded here.

Daily:

Two paths, same destination.

I expect this weekly cycle to reach a new 52-week high. That means at least +100% from current levels, no matter if the daily cycle has already started or gets delayed by a few more days.

I have been positioning between C$0.50 and C$0.56 all month. See picture #3.

#Silver daily in picture #4:

Sorry for the messy lines.

As #Silver is clearly in the LOAD UP ZONE and near the bottom of the daily cycle, I am obviously leaning toward $SSV going up from here.

Unless you expect this daily cycle to be only +6%, which is where it is from the lows right now.

The past 3 daily cycle uplegs gave us:

+49.09%
+36.52%
+26.16%

Note that those moves happened during a downward trajectory from the top, and during a weekly cycle downleg. (The correction)

#Silver is now starting a new weekly cycle upleg.
That means the trajectory should be higher instead of lower.

I expect this daily cycle to perform better than the last one.

That means $90+ #Silver in June, IMO.

Obviously, Iran escalation can ruin that. And of course, if NATO and Russia enter conflict, hehe.

Anyway, the setup to make #EASY #MONEY is here, and only something that is not currently on the table can change that.

No lines on a chart can change that.

If the USA and Iran restart the military conflict, the move is obviously delayed, weakness is back on the table, and we would have to reassess the near-term situation if that becomes reality.

I don’t believe it will, but I will act accordingly IF SO.

NOW TO SOUTHERN SILVER:

One of the most important #Silver developer stories to watch right now, IMO.

Flagship project:

Cerro Las Minitas, Durango, Mexico.

100% owned, large-scale silver-lead-zinc-copper-gold CRD/skarn system in Mexico’s Faja de Plata silver belt.

Current resource:

~302 Moz AgEq total

Indicated:

43.4 Moz Ag
116 Moz AgEq
102 g/t Ag
~271 g/t AgEq

Inferred:

83.4 Moz Ag
186 Moz AgEq
111 g/t Ag
~247 g/t AgEq

Total AgEq:
~302 Moz AgEq

This is already a monster resource (Top 10 in the world), but the 2026 setup is about what gets added and improved next.

The key change:

Southern Silver reached an agreement to acquire Puro Corazon and has already started integrating it into the larger Cerro Las Minitas project.

This matters because Puro Corazon is not some random satellite target.

The company is incorporating Puro Corazon into Cerro Las Minitas to unlock capital and operating synergies, improve mine sequencing, and potentially bring higher-grade near-surface material into the future mine plan, while also adding ounces.
That is the big deal.

Puro Corazon could improve the project not only by adding ounces, but by improving the way the mine gets built, sequenced, and potentially valued.

Best Puro Corazon assays since Jan 2026:

10.4m @ 365 g/t Ag and 743 g/t AgEq
incl. 3.9m @ 688 g/t Ag and 1,490 g/t AgEq

15.3m @ 195 g/t Ag and 581 g/t AgEq

5.8m @ 173 g/t Ag and 781 g/t AgEq

3.0m @ 715 g/t Ag and 890 g/t AgEq

6.3m @ 395 g/t Ag and 874 g/t AgEq
incl. 1.5m @ 886 g/t Ag and 2,062 g/t AgEq

4.6m @ 201 g/t Ag and 557 g/t AgEq
incl. 1.5m @ 401 g/t Ag and 1,181 g/t AgEq

This is real high-grade #BONANZA material being drilled right where it can matter for the updated resource and updated economics.

Important:

The current Puro Corazon drill program is complete and all drill-hole assays have been reported.

But underground sampling and mapping from the historic Puro Corazon workings was ongoing, with 212 channel samples and 1,300+ individual samples collected as of the last update.
So the next big newsflow is not random exploration hype.

It is resource and economic integration.

Upcoming triggers:

Updated MRE including Puro Corazon drilling

Updated PEA after the MRE
Puro Corazon integration into the Cerro Las Minitas mine plan

Potential channel sampling results from the historic Puro Corazon workings
Baseline studies / permit-readiness progress

Updated economics using a much stronger metal-price environment

Why the updated PEA matters:

The last PEA was released June 10, 2024.

It used only $23 silver.

Current silver price: ~$75.292

2024 PEA numbers:

After-tax NPV5: US$501M

IRR: 21.2%

Initial capex: US$388M

Payback: 48 months

Mine life: 17 years

Average annual plant feed: 14.3 Moz AgEq, including 5.8 Moz Ag

LOM product sales: 194.3 Moz AgEq

AISC: US$13.23/oz AgEq sold

At $75.292 silver, the theoretical AISC margin is:

$75.292 - $13.23 = ~$62.06/oz AgEq

That is the leverage.

The old PEA already worked at $23 silver.

The next PEA can include Puro Corazon and a completely different metal-price environment.

The potential re-rate is not to be ignored, especially if #Silver goes even higher from here, which I expect.

Valuation:

MCAP: ~C$239M

Treasury assumption: ~C$20M

Estimated EV: ~C$219M

EV / 302 Moz AgEq = ~C$0.73/oz AgEq

That is extremely cheap for a +300 Moz-scale, high-grade silver developer with a completed PEA, no debt, Puro Corazon integration ahead, and silver trading above $75.

And this is before the updated MRE and updated PEA.

$SSV.v is not just a “big silver resource” story anymore.

It is now a +300 Moz AgEq developer with a new high-grade Puro Corazon integration angle, a completed 2024 PEA that used only $23 silver, and major technical catalysts directly ahead.

At ~C$0.73/oz AgEq EV/oz, with silver around $75, this still looks deeply mispriced to me, actually insanely.

If the updated MRE confirms Puro Corazon growth, and the updated PEA shows what this project looks like in today’s metal-price environment, I think the market will have to re-rate $SSV.v hard.

One of the cleanest #Silver developer setups out there, IMO.

Southern Silver is not just waiting around.

Recent drilling focused on Puro Corazon, the new high-grade zone being folded into the flagship Cerro Las Minitas project, and the next planned work includes up to 12,500m of Phase 1 infill drilling to upgrade near-surface high-grade material and improve development optionality.

When you combine:

High-grade Puro Corazon integration

Recent drilling already completed

More planned infill drilling

Updated MRE ahead

Updated PEA ahead

Much stronger metal prices

Still insanely cheap valuation

The setup becomes hard to ignore.

They have two potentially monster market-moving catalysts ahead with the updated MRE + updated PEA, both of which can now reflect the Puro Corazon integration and a much stronger metal-price environment.

Add #Silver bottoming and potentially starting a new strong upleg into the next 6 months, while $SSV.v is heading straight into its most important newsflow window, and you basically can’t ask for a cleaner #Silver developer setup.

High-grade integration.

More drilling.

Updated MRE.

Updated PEA.

Higher #SILVER prices.

Still insanely cheap valuation.

That is the kind of combo you don’t want to miss, IMO.

This setup is obviously why I currently made $SSV.V a top 2 position in my portfolio at +14%.

Are you in?
Cheers

[TheApeOfGoldStreet @TheApeOfGoldST]

$EQTY.V - Equity Metals Corp

Soon this stock will #RIP upwards. The base is long, #silver is getting ready and they are dropping an updated MRE around the corner for extra fuel.

I said this long enough now.

[markusw_92 @92_markusw]

@graddhytrading @NathangohJb How many days do you think we could rallye here?

[markusw_92 @92_markusw]

@TheApeOfGoldST Bought it and sent you a coffee tip 😃

[markusw_92 @92_markusw]

@Mark4XX This war is far from being over, right?

[markusw_92 @92_markusw]

@RashadAlhindi @marcfriedrich da hat er einen Punkt oder nicht?

[markusw_92 @92_markusw]

@studentofcycles Für russische und chinesische Schiffe soll sie anscheinend offen bleiben..

[markusw_92 @92_markusw]

@marcfriedrich Marc, glaubst du wirklich die westlichen Politiker interessieren sich für die iranische Bevölkerung? Libyen, Syrien und die Ukraine waren keine Lehre?

[markusw_92 @92_markusw]

@TheApeOfGoldST How do you think an Iran Attack/ Closing of strait of Hormuz would influence prices?

[markusw_92 @92_markusw]

@Nostre_damus She went home to immediately buy mining stocks..

[markusw_92 @92_markusw]

@marcfriedrich @AlexWallasch @norberthaering @Steinhoefel Es ist völkerrechtlich irrelevant, ob ein Staatsoberhaupt demokratisch legitimiert ist oder nicht.

[markusw_92 @92_markusw]

@TheApeOfGoldST I have them both, thanks to you :)

[markusw_92 @92_markusw]

@Kacper_PK_CH @visegrad24 And who wins?

[markusw_92 @92_markusw]

@studentofcycles Wie würden Edelmetalle (insb. Miner-Aktien) Deiner Ansicht nach auf einen solchen "Bang" reagieren? Würde diese von den Aktienmärkten mit hinuntergezogen werden?

[markusw_92 @92_markusw]

@Schima13 @BuyingMyFreedom I should have sold my miners, but hold on as I was thinking the same. It happens to all of us ;)

[markusw_92 @92_markusw]

@graddhytrading I remember there was doc that explained all the abbrevations. Could you pls provide that again?

[markusw_92 @92_markusw]

@studentofcycles Vielen Dank Florian, echt super deine Videos!

[Gerhard Mangott @gerhard_mangott]

Mit einem Argument komme ich nicht zurecht: recht viele Kolleg:innen meinen, dass Russland die Ukraine nicht überfallen hätte, wenn das Land schon Mitglied der NATO gewesen wäre. NATO-Mitgliedschaft also als ultimativer Schutz vor Russland. Dann aber frage ich mich, warum dann nicht wenige dieser Kolleg:innen gleichzeitig einen russischen Angriff auf NATO-Gebiet im Baltikum befürchten. Kann man nicht vergleichen? Doch - in beiden Fällen geht es um die Glaubwürdigkeit der NATO-Beistandsklausel.

[markusw_92 @92_markusw]

@Birgit_Kelle Gestört.

[markusw_92 @92_markusw]

@marcfriedrich Marc Friedrich, ein Neocon, da schau her