Q: Can you share your thoughts on a high risk investment for ssv?
5i Research Answer:
SSV has had a nice run this year (+45%) but is down 16% in 52 weeks. Market cap is still tiny at $65M. It does not have much cash, has no revenue, losses and negative cash flow. It has an interesting silver-lead-zinc project in Mexico, and decent management. The project is 100% owned and has potential, but it is high risk and still very early days here. We do not see a lot of red flags, but would have the typical speculative risk warnings here. The recent move looks more related to the sector as there has not been much in the way of recent news.