Huldra Featured in National Post

Small Cap Fund Manager likes Huldra:


Huldra Silver Inc. (HDA/TSX-V)

The position: Recently added to position held for about four months.

Why do you like it? Huldra recently started processing ore at its 100%-owned silver mine in British Columbia. “We like that the asset is in Canada and is high grade,” Palmer said.

His valuation of approximately 2x earnings in 2013 is based on current commodity prices.

Biggest risk: A short mine life, but the resource could significantly expand with modest drilling next summer.