At current metal prices our valuation target for Silver Standard comes in at a smokin’ hot $51 per share, of which about 50% is attributable to the Snowfield and Brucejack projects. This means the market is still valuing these projects at less than zero. As Silver Standard starts to monetize its vast resource base, we expect the share price to start moving toward our target. If we are right, Silver Standard shares could double even without an increase in metal prices:
Silver Standard Resources: Head and Shoulders Above the Competition -- Seeking Alpha
Silver Standard Resources: Head and Shoulders Above the Competition -- Seeking Alpha