Just been reviewing my positions, of which silver standard is one, and I'm astonished at the value in this stock...

I have to think in terms of gold ounces equivalent, but on that basis SSO stands at $16.3 of enterprise value per ounce! There are single project exploration juniors with dubious financing potential valued higher than this.

Add to that the tremondous optionalty provided by the large amount of silver ounces per share and the fact that SSO will access financing much more easily than a small junior, I'm struggling to find a good reason why this is not the most undervalued stock in the sector.

Can anyone shed any light on this apparent valuation anomoly?