Join us as we discuss silver's dramatic surge past the $35 resistance level, a breakthrough that has ignited widespread bullish sentiment among precious metals investors and traders. We'll explore the key drivers behind this momentum and examine what this breakout could mean for silver's trajectory throughout 2025.
Wed, June 11, 2025 at 3:00 PMendedReplay
Investor webinar replay
Meeting Overview The meeting was a panel discussion focused on the recent surge in silver prices, particularly breaking through the $35 resistance level. Panelists discussed the catalysts behind this movement, the future outlook for silver prices, and the dynamics between silver and gold in the commodities market. Key Discussion Points - The primary catalysts for silver's rise above $35, including industrial demand and macroeconomic factors. - The difference between silver and gold in terms of market dynamics and usage. - Predictions for silver prices in the coming years, with estimates ranging from $70 to over $100 per ounce. - The impact of silver ETFs and the shift in buying patterns from physical silver to financial assets. - Technical analysis regarding resistance levels, with $40 identified as the next significant target. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Monitor the silver market for further developments and price move...
Kit Marrs is the Co-Founder, CEO, and President of Alaska Silver, (formerly Western Alaska Copper & Gold). He has more than 25 years experience in mineral exploration and development, property evaluation, and project financing in Alaska and Mexico. Mr. Marrs has worked for major mining companies and consulting firms including Anaconda Minerals Company (Anaconda), Kennecott/Bear Creek Mining, Watts Griffis & McQuat, and Penoles, SA de CV. In 1981, he was the project geologist for the Illinois Creek/Round Top Project for Anaconda and directed the exploration program. He has extensive experience in financing, permitting, and implementing real estate development projects and joint venture developments with values of $10-30 million USD. His combined experience in both geologic exploration and development in Alaska, and real estate project financing, permitting and development gives Mr. Marrs a unique set of skills to lead this company. He holds Bachelor of Science and Master of Science degrees in Economic Geology from the University of Arizona, and served from 2005-2021 on the Advisory Board for the University of Arizona’s Department of Geosciences.
Mr. Khunkhun has over 20 years of experience in the capital markets, mineral exploration and development sector with a focus on enhancing shareholder value. He has served in a variety of strategic roles including Investor Relations, Corporate Development, CEO, Director and Executive Chairman. Mr. Khunkhun has been instrumental in creating awareness for undervalued companies including grass root explorers, developers and producers. Mr. Khunkhun’ s experience in incubating and growing early stage companies through capital raises, acquisitions, joint ventures and spinouts, as well as long-standing relationships with an extensive global network of HNW investors, private equity and institutional investors, analysts, brokers, and investment bankers, have been a valuable asset to growing mineral explorations companies. Mr. Khunkhun is a Director of Goldshore Resources Inc. and is Director & Exec. Chairman of StrikePoint Gold. Mr. Khunkhun has facilitated over $1B in capital raises.
Mr. Stein is the Founder of Kuya and President since 2017. Educated with a technical background in Geology and Engineering, Mr. Stein jumped into the capital markets very early in his career, in 2001, as a mining equities analyst for a prominent Canadian broker-dealer. More recently Mr. Stein was President and CEO of Aberdeen International, where he led various private equity and public company investment mandates.
As a co-founder of Silver X Mining Corp, Mr. Garcia brings over 20 years of experience in mining engineering to his role. He has held positions with various companies including Anglo American, Inmet & BHPB, and has operations and production experience in Peru, Chile, Spain, Australia & Switzerland. Mr. Garcia is highly skilled in the areas of mineral economics, project management, people’s management and sustainable development. Mr. Garcia holds a M.Sc from Universidad Politécnica de Madrid and a M.Phil from The University of Queensland and is a World Economic Forum Leadership Fellow.
Replay transcript excerpt
Speaker 1: Hello everyone and thank you for joining us today for this much anticipated panel discussion. Speaker 1: As silver smashed through $35, Speaker 1: many believe we may be on the cusp of a parabolic move in both the commodity price and related stocks. Today I'm joined by Kit Mars, CEO of Alaska Silver, Sean Coon Coon, President and CEO at Dolly Varden Silver, David Stein, President and CEO Speaker 1: at Kuya Silver, and Jose Garcia, President and CEO of SilverX Mining. Gentlemen, thank you for joining us today. Before we get started, just a reminder that this event is being recorded and will be made available for replay shortly after we conclude. Speaker 1: Also if you have any questions, please feel free to submit them in the chat box. We will only be addressing questions relevant to the topic at hand, but any client specific questions Speaker 1: will be happily passed along to the appropriate companies by my team. Speaker 1: With that said, I'd love to start by getting everyone's opinion on what were the primary catalysts that finally pushed silver through the $35 resistance level, and how does this breakout differ from previous attempts? And I'll just start from my screen left to right, and we'll start with you, Kit. Speaker 2: Okay. Speaker 2: Well, it's been a long time coming. I think all of us have been anticipating this event for a few years. Speaker 2: So I think there's just a whole Speaker 2: confluence of things that have happened. Speaker 2: Silver Speaker 2: is different from gold, obviously, because it's both an industrial and a precious metal. And so the industrial uses, And I think everybody knows that solar has become 1 of the largest components of silver Speaker 2: demand and consumption Speaker 2: That continues to rise and so and then go...
