President & CEO of Silver Tiger Metals Glenn Jessome says, "We raised $91 million over that 7-8 year period as an exploration company for our asset in Sonora, Mexico where we drilled a 125,000 meters."
"Our national debt is going through the roof. So I wish I wasn't a gold fan, but gold is the only self defense mechanism there is right now. And silver, I like silver also. Just because they can't print it. And that's kind of my philosophy: if they can print it, I don't want it."
The paper price of silver finished just 4% higher for the year. The data for 2023 physical silver supply won't be available for months, but another deficit is likely this year – making it the third consecutive year of deficits.
In a well-established silver mining district in Durango, Southern Silver boasts a huge 350 MILLION Silver Equivalent Ounces (140M Silver equiv. indicated and 210M in the inferred category) at its Cerro Las Minitas project.