⏰Why Southern Silver ( $SSV.v ) currently beats every #Silver stock out there at #silver $53:
I’ve compared every major silver name side by side at $53 silver:
$BCM.v, $AGX.v, $ELO.to, $GSVR.v, $EXN.v, $GRSL.v, $AAG.v, $APGO.v, $AGA.v, $KTN.v, $MGG.v, $SCZ.v, $ASM.to, $APM.to, $AGMR.v, $OCG.v, $ABRA.v, $AG, $BML.AX and many more of twitters fav #silver names.
After weighing resources, grades, AISC, cash, debt, EV/oz, NPV, IRR, and leverage to silver, Southern Silver ($SSV.v) still comes out as the #1 risk-adjusted upside play in the entire silver space at current prices and valuations.
Snapshot:
Flagship: Cerro Las Minitas (Durango, Mexico)
Stage: PEA completed, PFS work ongoing
Market Cap: ~C$152M
Cash: ~C$16M
Debt: None
Enterprise Value: ~C$136M
Ownership: ~20% Electrum Group + insiders
EV per AgEq ounce: ~C$0.45 - among the lowest globally.
Resource & Growth:
Total Resource: ~302 Moz AgEq (116 Moz Indicated + 186 Moz Inferred)
Grades: ~111g/t Ag (plus strong Pb/Zn credits)
(This ranks them Nr #3 on the Top15 list of the biggest undeveloped #Silver deposits in the world grade wise, (and yes they are also on that Top15 list ofc in size ;)
System: Large CRD + skarn, district scale
Expansion: Active drilling, open in multiple directions
Economics at $53 #Silver
Base PEA ($23 Ag):
NPV5% (after tax): US$501M
IRR: 21.2%
AISC: US$13.23/oz AgEq
Capex: US$388M
Payback: 4 years
At $53 Ag:
NPV5%: US$1.35–1.60B
IRR: 42–47%
Payback: ~2 years
AISC margin: US$40+/oz
NPV-to-Capex ratio: 3.5–4.0x
Why $SSV.v Still leads the pack:
✅ Cheapest large-scale developer (C$0.45/oz vs peers 0.8–1.2)
✅ Clean balance sheet, no debt
✅ Low-cost profile with huge margin at $53 Ag
✅ Growth drilling + PFS underway
✅ Backed by Electrum Group, strong insider alignment
What’s Next?
-Continued drill results (Q4 2025–Q1 2026)
-Updated MRE: expected H1 2026
-PFS progress: H2 2026
Final Take:
Even after comparing 20+ silver names, Southern Silver ( $SSV ) remains the #1 risk-adjusted developer in the silver space.
Massive 300Moz resource, low AISC, no debt, and one of the cleanest capital structures out there.
At today’s silver price, $SSV.v trades at just *~8% of its NPV5%* - the steepest discount in the global silver space of all actual quality #miners at this stage.
If silver moves to $65–75/oz Southern Silver is positioned to re-rate 4–6× faster than any other name on the list.
This is the cheapest, cleanest, and most leveraged silver developer on earth right now.
I'm dead serious, SSV should be priced atleast 400% higher with #silverprice just staying at $53 right now. There is a huge mispricing here that we just have to take advantage off.
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I can’t ignore it any longer - I’ve more than doubled my position, and it’s now one of my top three holdings.
To me: $SSV.v at current price is the #BEST #BUY in the whole #SILVER space.
Ping: @LawrenceLepard
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