Ken Berry

Ken Berry sees Kootenay Silver as undervalued relative to its 325 million silver-equivalent ounces, including over 200 million pure silver ounces, versus a roughly $80 million market cap. The company is fully funded with about $19 million cash plus $7.5 million in in-the-money warrants for a 50,000-meter drill program at Colomba, where it already defined a 54 million ounce resource and sees potential to reach or exceed 100 million ounces. He expects resource updates, eventual PEA/feasibility work, and possible M&A interest from majors to drive a re-rating and add per-share value.

Ken Berry pairs gold with silver as one of the two areas the marketplace will start to wake up to. He argues currency devaluation and wealth-preservation demand make the macro backdrop bullish for gold, even though the broader economy could face more disappointment.

Ken Berry believes silver is in the early innings of a major bull market. With silver around $41/oz, he says the investment community is paying attention, but retail investors have not yet positioned, which leaves room to run. He cites currency devaluation, wealth-preservation demand, and industrial, medical, and electronics uses as reasons silver can go much higher. He expects possible pullbacks but sees a new, higher price level being established.