- Fucked Finance
- Posts
- Stock Tip Tuesday - Dec 26th 2023
Stock Tip Tuesday - Dec 26th 2023
$VZLA - Sweet Sinaloa Silver.
Stock Tip Tuesday…
$VZLA - Sweet Sinaloa Silver.
Mining
VIZSLA Silver Set For a Banger 2024
Folks, we are back. Hope everyone had a fantastic holiday full of food, family, and hangovers. But the markets are open and it’s time to bank again, so for today’s Stock Tip Tuesday I present you, Vizsla Silver.
What’s $VZLA and why am I bricked up about it? It’s the world’s largest undeveloped high-grade silver resource and one of the highest-grade primary silver discoveries in the world. Boasting 200 Moz+ of Silver Equivalent at 464 g/t (higher grade than an Asian’s SAT), with only 30% of drill targets explored and only a few drill seasons under their belt. All at surface, open to depth, road accessible, you fucking name it they got it.
Why $VZLA NOW?
$VZLA is our favorite mining pick as is, and now shit is about to get real moving into 2024. Over this past year, they have crushed expectations and delivered on everything they have said they would do.
Now $VZLA has just announced that they are walking into the new year fully erect with their 2024 objectives & new bullish analyst coverage. If $VZLA continues the 2023 mojo and meets these 2024 goals, we’ll be sittin pretty.
So what is their 2024 outlook?
First and foremost: Updated Mineral Resource Estimation (MRE), the last time they updated their resource in 2023 they nearly doubled their ounces, bringing their resource estimate to over 200 Moz. Now come January 2024, they are set to update it yet again, hopefully adding mass value to the company for all to see. However, they have stated that they are focused on wrapping economics and de-risking the current ounces they have instead of exploration. This is very smart, use the current ounces to de-risk and fund further exploration, and so forth. So, we may not see another double on the ounces, but they are doing the diligent thing, by splitting the drilling between resource & discovery focus, and the savvy mining investors and analysts will appreciate it.
The other key objectives for 2024 include:
Potential royalty spinout
Deliver maiden PEA in H1 2024
Complete updated metallurgical testing in H2 2024
Advance Bulk Sample / Test Mine program
Complete +65,000 meters of resource/discovery focused drilling
Complete a ~1,100 line-kilometre EM survey and acquire high-resolution multispectral satellite imagery for the whole district
Folks, If I were a betting man (i am) and they meet these 2024 key objectives, hell even if they have a good MRE this Jan, I say we say bye-bye to these levels. There is a serious opportunity at the current valuation.
Don’t just take it from me, a new analyst PT just came out at a whopping $3.25 for this puppy…
Thank you
That’s All Folks
Thank you for reading, $VZLA sure is a wonderful company and I encourage each one of you to spend some time researching it.
We wrote a pretty fucking awesome article about them here , so start there.
I will also link their website here so you can see all the technical shit and news releases for your selves.
As usual, not financial advice, we did not receive compensation for this, we wrote this because we believe. We do own stock in $VZLA. Full disclaimer here.
Oh and MERCH LIVE ON THE 28TH
Cheers,