With silver prices proving resilient at these levels, miners are trading at some of the cheapest valuations in their history.
These companies are delivering record cash flows with exceptionally high margins.
Game on.
What a move in silver.
Game on.
We are in a structurally higher metal price environment driven by decades of underinvestment, constrained supply growth, and a global macro environment that continues to favor hard assets.
Markets are still very slow to fully appreciate this shift.