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Bullboard - Stock Discussion Forum Silver Bullet Mines Corp. SBMCF


Primary Symbol: V.SBMI

SBMI's flagship asset is the Black Diamond Project located in the major mining camp of Globe, Arizona. Black Diamond is a massive project, covering 4900 acres and hosting five former producing silver mines. SBMI also owns the George Washington Mine, a former silver and gold producer in Idaho on patented lands.

TSXV:SBMI - Post Discussion

Silver Bullet Mines Corp. > Three Key Points in Yesterday's Press Release
View:
Post by PeterMClausi on Jan 19, 2022 1:10pm

Three Key Points in Yesterday's Press Release

"The importance of these results cannot be overstated," said A. John Carter, the Company's CEO. "These results support three important conclusions. First, they are in line with historical data, which increases our comfort level with using that data for guidance. Second, they show the Property is still mineralized with silver and gold. Third, and I think most importantly, it confirms that QA/QC processes both in our own lab and at the third-party lab return very similar results. This further validates our lab."

https://ceo.ca/@newsfile/silver-bullet-mines-corp-assays-555-ozton-silver
Comment by TrumpThis on Jan 20, 2022 11:21pm
That's what I appreciate: proven historic mine, but now with technology (equipment), geophysics, Ag price (& climbing) and SBMI experienced TEAM.
Comment by PeterMClausi on Jan 21, 2022 1:36pm
It's my personal opinion the share price will be seriously re-rated three times:  first, when the Buckeye Silver Mine is in production (hopefully this quarter); second, when the first financial statements making disclosure of production metrics including cost are in the public domain (May of this year);and third, when 12 months of financial disclosure on production is in the public domain ...more  
Comment by Raffi15 on Jan 22, 2022 12:47pm
I couldn't agree more with your analysis Mr. Clausi. The one thing that can add "financial steroids" to this situation is the price of silver. If the price of silver goes up by 25% or more this year then we really have some juicy numbers to look at. Based on what the experts I know are saying, the price of silver will continue to climb. That is based on extremely strong fundamentals ...more  
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