The greatest silver rush in history has just begun...
Global economic and investment uncertainty is rapidly increasing silver's appeal as a precious metal. As a result, silver is quickly becoming the investment of choice for those who recognize its traditional role as a safe haven asset.
While industrial and fabrication demand for silver has recently been impacted by the lower demand for the goods it is used in, an increase in silver investment demand can be expected to continue in the near term.
For investors, this means increasing silver prices and market valuations for the companies that mine the white metal.
Below is a list of my top five favorite silver stocks that are expecting to increase silver production this year.
Five Small Silver Stocks Increasing Production
Great Panther Resources (TSX: GPR)
Share Price: $0.90
Market Cap: $77.5 million
Great Panther is a growing primary silver producer with two operating mines in Mexico. The company steadily increased silver production from the mines from 600,000 ounces in 2006 to 1.2 million ounces last year. Great Panther is forecasting another 25% increase in production to 1.5 million ounces this year; they then expect silver production to continuing growing to 2.8 million ounces in 2010.
Share Price: $22.00
Market Cap: $1.5 billion
Share Price: $1.50
Market Cap: $137 million
Share Price: $2.75
Market Cap: $142 million
Share Price: $2.60
Market Cap: $215 million
Editor, Wealth Daily
Investment Director, Hard Money Millionaire and Underground Profits
P.S. A veteran geologist recently told me about a rapidly developing uranium district in Argentina's Rio Negro Province, where property was being snapped up by major names in the mining industry. Experts recently discovered this region is geologically similar to other regions known to host world-class uranium deposits. That means there could be billions of dollars in untapped uranium reserves waiting to be discovered...
And since the whole story has been kept such a secret, a small handful of companies have staked most of the prime exploration land. In fact one small exploration company was able to get its hands on a massive 1.2 million acres of prime uranium property. This 25-cent stock was worth over $1.00 before the Fukushima disaster; once the fanaticism dies down, I expect share prices to strongly rebound.
That's why, for the past three weeks, I've raced to put together a new video report that details this small uranium exploration company. In this video, I give you the whole story — including more details on the Argentinean uranium region and exactly why I'm so excited about this opportunity. There are plenty of great opportunities in the market now for investors to buy uranium stocks. But some are better than others...
Be sure to check out my #1 uranium stock of 2011.