Juniors still cheap relative to #Silver:
$EQTY.v - Equity Metals Corp
$GRSL.v - GR Silver Mining
$SSV.v - Southern Silver Exploration
$EXN.v - Excellon Resources
Some say they missed “the move.” I would say you missed the starter, but you haven’t missed the main course and dessert. ;)
⏰ $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
The #Silver#juniors that “should” have best torque this leg up:
$AAG.v - Aftermath Silver Ltd.
$AGA.v - Silver47 Exploration Corp.
$AGMR.to - Silver Mountain Resources Inc.
$APGO.v - Apollo Silver Corp.
$CKG.v - Chesapeake Gold
$EQTY.v - Equity Metals Corporation
$EXN.v - Excellon Resources Inc.
$GRSL.v - GR Silver Mining Ltd.
$GSVR.v - Guanajuato Silver Company Ltd.
$KTN.v - Kootenay Silver Inc.
$MGG.v - Minaurum Silver Inc.
$OCG.to - Outcrop Silver & Gold Corporation
$SAM.to - Starcore International Mines Ltd.
$SSV.v - Southern Silver Exploration Corp.
$SVRS.v - Silver Storm Mining Ltd.
Biggest positions: $SSV $GRSL $EQTY
Core positions(big): $SVRS $EXN $AGMR $OCG $MGG $AAG $SAM $GSVR $CKG $APGO
Smaller: $KTN $AGA
Also holding $SCZ.v - SantaCruz Silver - BUT as its issues in Bolivia right now I’ve sized it down this leg as there is some risk for underperformance in Bolivian miners. That also includes $ELO.to - Eloro Resources. So those guys are sized down until further notice.
Also own $KNG.v - Kingsmen Resources, but as it’s early stage still and needs drill results I don’t expect it to outperform on silver uplegs, hence not mentioned together with those I expect to give direct leverage.
Anyway - this is all juniors you need.
MINERS ARE PRINTING THE HIGHEST PROFIT MARGINS IN THE MARKET. 💰
The sector everyone ignored is now sitting at 31% median profit margins, almost double technology and financials.
Gold and silver miners are no longer dead money. 🔥
They are becoming cash machines.
I honestly love everything I’m seeing in #Silver from current levels.
Those who are bearish, I honestly don’t know what they are seeing.
I like the #Silver / #Gold ratio.
I like the #Silver / #Nasdaq ratio.
I like the #Silver / #SP500 ratio.
I like #Silver on both the weekly and daily charts.
It has everything I love for upside ahead.
I couldn’t ask for a better setup than what I’m seeing right now.
Only a restart of the #Iran #war could change this. Otherwise, enjoy the upside ahead.
$AGMR.to - Silver Mountain Resources
My absolute favourite near-term #silver producer in the entire #silver space. The steady uptrend remains intact as $AGMR continues to rerate while moving closer to production in Q3 2026.
The company controls two high-grade silver mines and is targeting 2.5M oz/year production with the first mine alone, which is expected to go into production this year. At these elevated #silver prices, $AGMR has the potential to become a rapidly growing cash-flow machine.
The current market cap is roughly C$288M. With an AISC of ~$17, the company would generate free cash flow roughly equal to its entire market cap (before taxes and corporate costs) at a #silver price of about $102.
Note: #Silver is currently only ~16% away from $102.
Now consider what happens when the second mine comes online and potentially doubles production. Then consider what happens if #silver trades well above $102, which I personally expect.
Also consider that only about 20% of their land package has been explored, yet it already hosts two production-ready high-grade silver mines. The exploration upside across the rest of the district is enormous. As they expand existing resources and potentially make new discoveries across the property, the long-term value creation could be substantial.
The market is largely ignoring this exploration potential while already undervaluing the company as a near-term producer.
This is a core holding for me for years to come. I believe this company has the potential to become one of Peru’s real silver hot shots over time.
Producing peers often trade at 8–12× free cash flow.
I rest my case. When markets finally realize how good of a company this is, this stock will #SKYROCKET.
$GRSL.v - GR SILVER MINING
Still needs +80.7% to recover levels seen 5-6 weeks ago.
#BIG UPLEG coming for this guy as soon as the #IRAN mess calms down.
Any buys offered under $0.400 will age well and should be considered gifts.
I don't know "when" this new strong leg starts exactly, as #TRUMP sold out the american people for #Israel last week and created a mess, but im confident that this stock will surpass $1 from when it starts. I wouldn't be surprised if $GRSL looks at $2+ before 2026 ends.
Why?
A +300% move from $0.500 = $2. The last cycle gave GRSL a +265.85% move in 96 days. I believe the next "rally leg" will be stronger than that leg.
See you HIGHER nevertheless with a first target of recent 52w high sitting at $0.750. Current price: $0.415.
Pay attention to any entries offered between $0.300-$0.400.
My last buy: $0.360
#EASY #BUY
⏰ THIS IS INSANE.
#SILVER#MINERS are at an all-time bottom relative to #Silver.
We are at the same relative levels as:
• The 2016 bottom
• The COVID crash bottom in 2020
• Even lower than the weakest point of 2025
#RSI is also at its lowest level since the 2020 COVID bottom.
Since #SILJ started trading 13 years ago, buying #SILJ (silver junior miners) in this zone has historically delivered life-changing gains.
I never thought we would revisit the “LOAD THE FUCKING TRUCK ZONE”, but here we are.
Right now, #SILJ is cheaper today than it was before it ran +276% over the last 12 months, relative to #Silver.
What are investors waiting for?
This is the window.
THE window.
Possibly the last window for anyone still not exposed to the sector to get in.
RT and get the word out.
⏰ $AGMR.v - SILVER MOUNTAIN RESOURCES
THE BEST NEAR TERM #SILVER PRODUCER I KNOW.
Entering production in Q3 2026, targeting ~2.5M oz of #silver per year from their first mine (they have two). Massive exploration upside across their district-scale land package surrounding both operations.
Their first mine being put into production is the Reliquias underground silver mine in #Peru.
The second mine on the same district land package is Caudalosa.
Valuation snapshot (simple math):
At $96 silver and ~$17 AISC, 2.5M oz/year implies roughly ~C$267M/year in potential FCF power (before taxes, corp G&A, etc).
Current market cap ~C$236M CAD.
That’s ~0.88x FCF estimate.
Share structure and alignment:
Only ~57M shares outstanding.
Around ~40% held by insiders + Eric Sprott hands.
Cash:
They recently closed an upsized bought deal financing for ~C$30M, giving them strong cash to push the restart into production + exploration.
2026 will be a busy year for AGMR, you may want to have a seat.
What I like most, and what can also be an issue on some days, is that this stock has no market makers or liquidity providers. It trades organically, real buyers and sellers only, which I honestly LOVE.
But it also means one thing, people actually need to discover the story and buy the stock. That takes marketing, and they do close to zero marketing from what I’ve seen.
That said, when the market finally catches on, this thing #POPS hard. It was a top 3 performer for me in 2025 when it ran 4 to 5x, and I’m expecting similar performance again this year.
I just don’t see another outcome long-term. #Silver producers typically trade around 8 to 12x FCF. This one is on track to generate potential FCF that could be larger than its entire market cap. That makes no sense.
Now add the cash position, add the potential extra C$35 to C$40M from potential warrant exercises above $6, add the second mine, and add the massive exploration upside.
This might be one of the best #silver investments out there for the next 24-36 months.
A wild growth story on top of what we already know, and the market has priced in basically nothing. It’s honestly a joke how undervalued it is, and the main reason is the company’s near non-existent marketing.
Imagine when that changes, or when more big voices start highlighting this high-grade near-term #SILVER producer. 😉 Oh and yeah, add rising #Silver prices leading into when then actually starts production...
SILENT, SILENT - THEN VIOLENT
The next move in AGMR is #INEVITABLE
And you know what helps? Spreading the case.
So feel free to retweet, because this is basically free money for anyone.
#Silver #Miners #Juniors #Peru #Producers