Silver Standard's 1998-2007 Gain of 5,993.33%

Between December 30, 1998, and November 6, 2007, Silver Standard Resources increased by 5,993.33% in value as a silver exploration/development company with no production.

The market cap of Silver Standard Resources increased from $11.88 million up to $2.83 billion. Without bringing any silver mines into production, they made some acquisitions of silver projects and did drilling on these properties to expand their silver resources and built up the #1 largest published silver resource of all publicly traded companies.

On November 9, 2007, within days of Silver Standard hitting its all-time high, their projects page listed 16 silver projects that the company owned. Click here to see. Their #1 principal silver project was Pirquitas. They acquired an initial 43.4% interest in Pirquitas back in 2002 for only $4.34 million in cash. In 2004, they acquired the remaining 56.6% for 2.663 million Silver Standard shares worth $40 million. They had a proven & probable silver reserve at Pirquitas of 107.1 million oz, which they increased by 27% in December 2007 to 136 million oz. Silver Standard's Pirquitas went into production in December 2009 and operated through 2017 when it ran out of ore.

Silver Standard's #2 principal silver project from November 9, 2007, when it had close to a $2.83 billion market cap was San Luis.

San Luis is the #1 best remaining silver project of the original $2.83 billion Silver Standard Resources, and today it is owned by our Highlander Silver (CSE: HSLV).

It is certainly possible that HSLV will get to a $1-2 billion market cap in the very near-future, if not much higher. HSLV could one day become the world's #1 highest market cap gold/silver exploration company.

However, it is important to note that if AngloGold Ashanti (AU)'s Beatty, NV gold projects were held by a separate publicly traded gold exploration company called Beatty Explore Co there is a 100% chance that it would be the #1 highest market cap gold exploration company in the world today. Because AU doesn't issue individual press releases about their huge new discoveries made in Beatty, NV, nobody knows the district exists even though it has now become the #1 largest newly discovered gold district in North America.

Augusta Gold (TSX: G) as the second largest owner of gold resources in the district after AngloGold Ashanti (AU) is about to become the #1 biggest takeover target of 2025.

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. NIA's President has purchased 125,000 shares of HSLV and can buy or sell shares at any time. NIA's President has purchased 224,200 shares of G and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.