varok
4 weeks ago
Sunday Newsletter 2-9-25 - HAMRF
Good afternoon.
I have a new exciting junior mining company that you may like.
I have a long history of trading and investing in silver going back 50 years and have been stacking my investing in physical silver with extreme interest. I have always been excited about silver even though many years has been rather difficult to rationalize the commodity and the continued-on slot of parties that short their positions i.e., banks and various Hege funds.
From a past article from the well-known Silver Analyst Mr. Ted Butler - September 21, 2023,
" After 40 years of silver price manipulation and suppression on the COMEX, the physical market has experienced a lack of production growth and enhanced demand brought about by too-low silver prices. According to the immutable law of supply and demand, silver is now in a deepening physical shortage in which sharply higher prices are both required and inevitable. The key element that I speak of today is the likely behavior of the short sellers of silver derivatives. Investors hold 2 billion ounces of silver in industry-standard 1,000-ounce bars and a similar quantity in smaller bars and coins. Since these holdings are owned outright, there is no short position as exists in every derivatives contract, including COMEX futures and options and OTC swap contracts".
This positioning by some may be coming to an end as silver supplies and above ground inventory appears to be held in strong hands. Also, the demand for silver has gained renewed interest due to the industrial side with renewable energy like solar and the tech sector is likely to grow in the next decade and beyond.
There are about 20 grams of silver going into an average solar panel and the demand is only going to continue for the next decade. The investment side of silver is strong with jewelry and parties holding physical silver. India and China have been importing large quantities monthly. China for the production of Solar and India for the jewelry and individual stacking/holding.
The demand for silver is increasing, but the mining of silver is becoming in short supply due to closures with mines having exhausted their existing resources and with a renewed interest to find alternative locations and the current rise in silver prices will begin a new dawn for this metal.
This brings me to Silver Hammer Mining- https://silverhammermining.com
This is a very interesting junior mining company with a well-qualified management team.
As with all mining concerns is the need for capital to put the first shovel in the dirt and Hammer is on a quest to find and incorporate into their company interested parties to advance this next stage. The share price of silver has been a real disappointment over the last decade and VC for this industry has been difficult to bring in. All this is about to change, and the price of silver once again moving higher, as well will bring back in the VC with solid interest. This is where we are at now and I'm sure financing will find its way into Silver Hammer.
Currently for new investors, take a look into their existing 100% owned mines and you will be pleased with their ownership. These are legacy mines in vast acreages in well-known silver belts from the 1800's.
The share structure is absolutely very favorable at 60,653,204 with a MC of 2,223m$. This MC is based on the 4 100% existing mines not what is in the ground. Once the company can achieve their funding, the real MC and the leveraged silver supply inground will dramatically revalue the MC to represent the feasible silver to eventually be mined and inventoried. This step is the most important that we as shareholders are waiting for.
This company is currently under the radar and shares are currently very tightly held.
Put this on your watchlist and do your due diligence, but remember, when the funding is announced the spike will happen and is the way mining issues react.
I believe that the current price range for this company at .05 is worth a position, but at this point in time is still speculative.
I own this company and have been adding for the last 5 years.
Have a good day
varok
varok
2 years ago
Happy New Year 2023
I have a small mining company that I really think you would like. I own it and I received No compensation cash or shares to write about a company that I feel has a 10-20 increase potential within the next 24 months.
' HAMRF '
Trading .22
Fully Complient https://www.otcmarkets.com/stock/HAMRF/overview
O/S: 46,713,662
Float: 25,508,259
The company came out of R/M 10/01/2021 HAMRF Symbol change from LWDEF to HAMRF
The Company:
Silver Hammer Mining Corp. is a junior resource company advancing the past-producing Silver Strand Mine in the Coeur dβAlene Mining District in Idaho, USA, both the Eliza Silver Project and the Silverton Silver Mine in one of the worldβs most prolific mining jurisdictions in Nevada. The Company strives to become a multi-mine silver producer focusing on near-term exploration and drilling plans at the Companyβs Idaho and Nevada silver-gold assets.
Website: Https://silverhammermining.com
Press Release 1/04/23
https://www.otcmarkets.com/stock/HAMRF/news/Silver-Hammer-Reports-Drill-Results-from-Phase-II-Program-at-the-Silver-Strand-Project-in-Idaho?id=385335
Press Release 11/25/22
https://www.otcmarkets.com/stock/HAMRF/news/Silver-Hammer-Makes-Leadership-Transition-and-Appoints-Warwick-Smith-as-Interim-President-and-CEO?id=381482
Press Release 10/25/22
https://www.otcmarkets.com/stock/HAMRF/news#:~:text=Silver%20Hammer%20Significantly%20Expands,Release%20%7C%2010/25/2022
Press Release 8/15/22
https://www.otcmarkets.com/stock/HAMRF/news/Silver-Hammer-Reports-on-Drilling-Progress-at-the-Silver-Strand-Project-in-Idaho?id=368605
Press Release 3/24/22
https://www.otcmarkets.com/stock/hamrf/news/Silver-Hammer-Receives-Permit-to-Drill-the-Past-Producing-Silverton-Silver-Mine-Project-in-Nevada?id=349176
Press Release | 11/29/2021
Silver Hammer Mining Reports High Grade Silver Samples up to 692 g/t Ag from Rock Chip Sampling at its Silverton Silver-Gold Project in Nevada
Press Release 11/25/22
https://www.otcmarkets.com/stock/HAMRF/news/Silver-Hammer-Makes-Leadership-Transition-and-Appoints-Warwick-Smith-as-Interim-President-and-CEO?id=381482
Hamrf has a strong story to tell. The company has a very attractive balance sheet and management is well known in the industry.
The O/S gives a current MC of $10 million well within a startup junior mining concern with viable legacy claims.
With commodities trailing sideways on the bottom and silver being an industrial commodity and investment makes HAMRF an ideal acquisition for your portfolio.
The share structure is attractive and mostly trades on low volume and is simply due to the company is more interested in a solid preliminary their development stages with positive results as noted above Press Releases. The next release maybe the catalyst we will be looking for.
Target $1.00 for 2023 and $3-$5 during 2024.
Have a good day
varok
Tweety
3 years ago
Yes, that foreign fee of $50 is outrageous for HAMRF, not the Canadian symbol.
I do not pay any costs for all other trades that I make with Vanguard.
After April 28th Vanguard will not let account holders purchase most OTC stocks.
I will still be able to hold and sell them but I will be unable to purchase additional OTC stocks.
It looks like I should find a new brokerage firm. I have been with Vanguard for quite some time.
Can you suggest some good firms? I would prefer very low or zero commissions.
What types of stocks do you prefer?
My investment choices today consist of Gold, Silver, Uranium and Lithium.
I have a watchlist with other types though.
If I like a stock and its potential, I have been buying it on the dips. Lots of dips lately.
Thanks for your insight.