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Silver Sands Resources a "Buy" According to Brien Lundin of the Gold Newsletter

Jun 01, 2021 (Baystreet.ca via COMTEX) --

By NXTmine.com staff

Brien Lundin of the Gold Newsletter has been around for a long time and seen many resource stock market cycles. After five decades there’s a good reason why the newsletter calls itself the oldest and most respected precious metals and mining stock advisory in the world.

In his latest edition of the Gold Newsletter Lundin firmly puts Silver Sands Resources into the buy column, reiterating his previous buy recommendation saying “SAND is a great ongoing lever on what I expect to be a robust silver market. Silver Sands remains a BUY”

Silver Sands Resources SAND.CN; SSRSF.OTC

Silver Sands Resources got some high grade hits from drilling on its Virginia project’s Ely Central zone.

Highlights from Ely Central include:

1) Hole 3 (10.0 meters of 560 g/t silver, including 2.9 meters of 1,578 g/t silver),

2) Hole 4 (9.6 meters of 639 g/t silver)

3) Hole 5 (10.8 meters of 625 g/t silver, including 5.7 meters of 1,110 g/t silver).

To date, drilling has traced high-grade mineralization at Ely Central for 200 meters along strike. The target sits between the conceptual open pits defined at Ely North and Ely South. There are gaps to the south and north respectively, of Holes 4 and 5. If further drilling fills those gaps in, it could expand Ely Central’s continuous mineralized strike by another 400 meters. Overall, Silver Sands believes that the strike of the Ely zones could extend to 1.3 kilometers.

The other good news from the Ely Central results is that it proves lower-level IP signatures can be an effective tool for finding similar targets on the broader project. That means that not only is this latest drilling likely to add ounces to the updated resource at Virginia due later this year, but it could also help the company outline more silver mineralization by testing earlier-stage targets.

The combination of an existing resource, the potential for that resource to grow and solid exploration upside makes SAND a great ongoing lever on what I expect to be a robust silver market. Silver Sands remains a BUY.

We should also point out that Lundin is also a huge precious metals bull:

“The massive stimulus plans, easy-money policies, bailouts and other government spending being showered onto global economies are creating tens of trillions of dollars-worth of new currencies and unsustainable levels of debt.

We have never witnessed anything like this before. Over the long term, every currency will be debased; every economy will suffer from dramatic levels of inflation.

Moreover, there will be no currency…no economy…no market offering refuge for investors, except for gold and other tangibles.

The bottom line, of course, is that the price of gold is virtually assured of rising quite significantly as the supply of fiat currencies continues to explode. And gold stocks are likely to multiply the gains in gold itself. Fortunes will be made by those who position themselves correctly.”

In the latest edition of his Gold Newsletter he reiterates his buy on gold and precious metals, focusing on gold as the ultimate inflation hedge:

Game On...Again. With the bottom now well behind us, gold’s rally is gaining steam

“In my view, the age-old idea that gold is the best hedge against currency depreciation/inflation — an idea that has fallen out of vogue over the last decade as central bank monetary policy has driven every asset class — is regaining favor. In other words, gold is increasingly being viewed as the ultimate inflation hedge. This will benefit the metal as long as the inflation theme remains in effect.”

To read more of Brien Lundin’s outlook on precious metals and resources stocks or subscribe to the Gold Newsletter visit https://goldnewsletter.com/

Legal Disclaimer/Disclosure: While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our article is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. Furthermore, it is certainly possible for errors or omissions to take place regarding the profiled company, in communications, writing and/or editing. Nothing in this publication should be considered as personalized financial advice. We are not licensed under any securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this article is not provided to any individual with a view toward their individual circumstances. Baystreet.ca has been paid a fee of eighteen thousand dollars for Silver Sands Resources advertising from the company. There may be 3rd parties who may have shares of Silver Sands Resources and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article as the basis for any investment decision. By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing Baystreet.ca, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

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