Silverstone Resources SST.v Presentation

New Silver Wheaton SLW in the making:

http://www.silverstonecorp.com/_resources/SST_Presentation_Oct_12.pdf


Notes:

1. Major shareholders Capstone Mining CS.to 22% and Lundin Mining LUN.to LMC 19%.
2. John Wright business development: Co-founder of Pan American Silver.
3. Resources 367 Moz of Silver (including all categories plus historical).
4. Fixed cost of Silver at 3.92 USD/Oz.
5. Based on 2011 production 98% discount to Silver Wheaton valuation.

Target price CAD 6.0

Upside drivers:

1. New deal on Silver Revenue Stream.
2. Existing mines resource expansion (recently announced by Lundin Mining plus 300 000 oz production from 2011 plus to recent 850 000 Oz)
Today's Capstone Mining Cozamin : Capstone Increases Resources to 8.6 Million Tonnes at the Cozamin Mine. "- The resource update yields a 47% increase in tonnage with a 51% increase in contained copper and 54% in contained silver."
3. Rising Silver price.

More on Silverstone Resources SST.v:

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