JV Video: Honey Badger Silver builds case as high-leverage silver play

Honey Badger Silver (TSXV: TUF) aims to redefine silver investment by combining high-grade assets with cash flow from royalties and streams, non-executive chair Chad Williams told a London event this month.

The company holds seven Canadian silver assets. It spent under C$1 million to acquire them. Their combined book value exceeds $100 million, Williams told The Northern Miner’s International Metals Symposium on Dec. 1. Its market cap, however, remains under $10 million, offering what Williams sees as significant upside for investors.

“The ideal silver investment combines silver in the ground with steady cash flow,” Williams said. He likened Honey Badger’s approach to an “active ETF” rather than a mining company.

Williams predicts silver prices will exceed $100 per oz. in the long run, driven by industrial demand, including solar panels and its role as a financial hedge.

Prominent backers like Eric Sprott add credibility to the venture. Honey Badger plans to target U.S. retail investors. It aims to use social media and its brand to attract attention in a rising silver market. Williams has deep industry experience. He founded Red Cloud and helped set up former miner Victoria Gold.

The company’s assets total 40 million oz. of silver and nearly 2 billion lb. of zinc, all in Canada’s mining-friendly jurisdictions.

Watch the full interview below, moderated by TNM Group president Anthony Vaccaro:

JV videos are sponsored content in arrangement with The Northern Miner.