Silver America, Inc. (SILA) is a mining company engaged in the acquisition and exploration of a variety of semi-precious and precious metals. Its current focus is on silver and gold in both North and Central America.
SILA reminds me a of another profitable mining play I alerted you to in the past – it too hit the ground running with a world-class portfolio of mining assets and then gained in excess of 70% for us!
Because SILA just started trading, it doesn't yet have a chart worth mentioning – so the good news is that there's no resistance – nothing to prevent it from really taking off!
The real value in SILA is in its mining properties and reserve potential!
In Nevada, The Keeno Strike Property, according to The Renaissance Report, could contain as much as 130,000 tons of lead, 115,000 tons of zinc, 13,000 tons of copper and 69 MILLION ounces of silver and 1.1 MILLION ounces of gold!
Estimated value: OVER $3 BILLION DOLLARS!
Read the full report here.
In Mexico, SILA's Guadalupe Property, has two silver mines producing 3-4 tons of ore per day! And, it's located just 5 short miles from the Fresnillo Mine, the world's richest underground silver mine!
SILA hasn't issued a reserve/valuation report on this property yet. But once that information is made public, that could give the stock's share price a HUGE boost!
But don't make the mistake of thinking that SILA is a sub-penny "hopeful."
Surging silver demand – and prices – could make SILA a highly profitable trade!
The Silver Institute Newsletter reports that industrial demand is increasing for silver – for use in cell phones, laptops and LCD/Plasma screens.
In addition, demand is growing for silver in new RFIDs, solar and medical applications and food hygiene.
In fact, over the past ten years, silver prices are rising faster than gold!
Source: bulliondesk.com
SILA is a classic GROUND-FLOOR OPPORTUNITY in an emerging natural resource play.
"We're tremendously excited to be out of the gate," said the President of Silver America, Johannes Petersen. "With positive market forecasts for silver and gold, and growing demand from established market uses and ETF investments, we've chosen the perfect time to enter the precious metals industry... and with continued acquisitions, and through strategic exploration, our every expectation is one of becoming a significant producer of silver and gold to meet America's demand."
Get SILA on your trading radar ASAP. I think traders could flock to the stock once its story becomes better known.
http://www.silver-america.com/pdf/MarkSee-EngineeringReport02.pdf
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