Honey Badger Silver (TSXV: TUF) is building a silver-focused investment vehicle, positioning itself like a silver exchange-traded fund (ETF) with 40 million oz. silver and 2 billion lb. zinc in its portfolio.
Honey Badger aims to capitalize on rising silver prices, projecting values could exceed US$100 per oz. soon, Chad Williams, non-executive chairman, told The Northern Miner at its International Metals Symposium in London last month.
“We’re not a mining company,” Williams said. “We’ve assembled seven silver assets, creating a platform for retail investors seeking exposure to silver during a market uptrend.”
Williams explained that silver consumption has outpaced production for decades, while demand from technology applications, such as solar power, and investors continues to grow.
Honey Badger aims to grow its base as silver’s dual role as an industrial commodity and financial asset gains traction in an unstable economic environment.
Watch the full chat below with The Northern Miner’s interim editor-in-chief, Colin McClelland.
JV videos are paid-for content in arrangement with The Northern Miner.
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