BTL is the only publicly traded Blockchain technology play and their current Visa pilot project makes them the clear industry leader. In NIA’s opinion, BTL has near-term potential to reach a market cap of between 10% the market cap of Ethereum and 1% the market cap of Bitcoin, which would value BTL at USD$172.33-$202.16 million (CAD$231.09 million-$271.1 million) – equal to a share price of between $13.41 and $15.73.
NIA is extremely excited to announce its new #1 Mexican silver stock suggestion: Southern Silver Corp (TSXV: SSV), currently $0.495 per share. Historically, NIA’s biggest stock suggestion success has been with Mexican silver stocks – with 100% of NIA’s previous Mexican silver stock suggestions becoming HUGE winners, achieving an average gain at their highs of 488% from NIA’s initial suggestion prices. NIA’s most recent Mexican silver stock suggestion was Great Panther Silver (GPL), which reached a new 4 1/2 year high on February 24th of $2.28 per share for a gain of 551.4% since NIA announced GPL as its #1 stock suggestion for 2016 in August 2015 at $0.35 per share.
SSV has 84.27 million shares outstanding and a market cap at $0.495 of only CAD$41.71 million (USD$31.1 million). SSV has CAD$2.06 million in cash and no debt for an enterprise value of only CAD$39.65 million (USD$29.57 million). SSV in partnership with Electrum Group Holdings owns the Cerro Las Minitas silver project in Mexico. Electrum is owned by billionaire gold/silver investor Dr. Thomas Kaplan and holds a 60% interest in the Cerro Las Minitas silver project plus 30.88 million shares of SSV for a 36.64% stake in the company.
Why has a billionaire decided to bet big on SSV – a Mexican silver explorer that is currently worth less than USD$30 million?
SSV’s 13,640 hectare Cerro Las Minitas silver project is located in Durango State, Mexico – at the heart of one of the most significant silver producing regions in the world. Many of Mexico’s largest producing gold/silver mines are located in close proximity to Cerro Las Minitas. Hecla Mining (HL)’s San Sebastian gold-silver mine is 10 km east, Coeur Mining (CDE)’s La Preciosa silver-gold mine is 28 km west, and First Majestic Silver (AG)’s La Parrilla and San Martin Silver Mines are 100 km south.
Currently, HL has an enterprise value of $2.29 billion, CDE has an enterprise value of $1.45 billion, and AG has an enterprise value of $1.21 billion! As SSV continues to work closely with billionaire Dr. Thomas Kaplan’s Electrum to grow the silver resource base of Cerro Las Minitas, it could become the next major takeover target of any mid-tier or senior primary silver producer in Mexico!
Already, Cerro Las Minitas has an indicated silver resource of 10.8 million oz plus an additional inferred silver resource of 17.5 million oz. Cerro Las Minitas also has an indicated zinc resource of 207 million lbs plus an additional inferred zinc resource of 626 million lbs! Over the last 12 months, zinc has been the world’s best performing metal rising 65.7% to a new 9-year high!
In October 2016, SSV and Electrum commenced a new $2 million 16 hole 10,000 metre drill campaign at Cerro Las Minitas – focusing on the high grade Blind Shoulder and Mina La Bocona Targets and results will be released very soon! We expect SSV to soon announce a major increase to their silver and zinc resource base as a result of their latest drilling campaign! In NIA’s opinion, SSV could make a move similar to GPL between now and year-end!
Last week, NIA’s President met with SSV’s CEO and interviewed him on video. We will be releasing the video on YouTube in the upcoming days. His last company Western Silver got acquired in 2006 by Glamis Gold for USD$1 billion!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has been compensated by SSV $50,000 cash for a three-month investor relations contract. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.