Lebed.biz Alert – New Stock to Watch

Jonathan Lebed Newsletter

I am excited to announce Minco Silver (TSX: MSV) as my new stock to watch with a speculative rating of 2, my second highest level of confidence. MSV is currently only $0.87 per share with 59.61 million shares outstanding and a market cap of $51.86 million. MSV has $60.56 million or $1.02 per share in cash and NO DEBT! MSV`s Fuwan Silver Project in China has a reserve of 55.3 million proven and probable oz of silver! The average exploration stock I follow has an enterprise value equal to 1/5th of their proven/probable reserve value. With silver currently at $19.97 per oz, MSV deserves an enterprise value of $4 X 55.3 million = $221.2 million.

Add in MSV`s cash position of $60.56 million and the stock deserves a market cap of $281.76 million, which divided by 59.61 million shares outstanding = $4.73 per share! MSV deserves to be trading 444% higher than its current share price! MSV most recently raised $45.2 million in March 2011 at $5.95 per share, which is 584% above its current share price! In 2009-2010, MSV raised a total of $17.3 million in two private placements at $1.70 per share. All together between 2009-2011, MSV raised $62.5 million at an average of $3.52 per share.

Back on September 9, 2010, MSV closed at exactly $3.52 per share and silver at the time was exactly $19.97 per oz, which is equal to silver`s exact closing price today! Look for MSV to quadruple to $3.52 within the next 6-12 months without much resistance! MSV in 2013 only burned $3.2 million in cash, which means they have enough cash to last nearly two decades at their current burn rate! Jonathan Lebed This message was sent to from:

Lebed Biz LLC | 350 Ramapo Valley Rd | Oakland, NJ 07436

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