Post by
tobinator01 on Nov 14, 2022 3:07pm
Spoke with the Company
I had a conversation with Silver Bullet. They told me the halt would be lifted for trading after two days, which I thought today it would trade. Luckier Jack is probably right tomorrow it opens in Canada. Bid in the US is equivalent to 19 cents.
Right now SBM is paranoid about the results as they are exceptional. They have the results on the diabase and did not give me any hint about them. I'm guessing they are going to show Au-PGM in the assays but not as high of concentration as the silver rich vein. Those results and others won't be released until another third party assay lab, possibly in Canada, finishes with what they called refereeing samples.
I think it is an excellent approach to handling the world class results they have had thus far. You don't want to go pounding the pavement without being 100% certain about the data. My praise of this approach is the company and team are largely non-proven entity being less than a year old. A good reputation and track record is very hard to establish and can be vaporized in an instant.
I asked about when the referee samples would be finished and asked if it would be by year end. Their reply was they were expecting by the end of the month or sooner.
Perhaps the delay in releasing results isn't what everyone wanted to hear, but my take is there will be an avalanche of assay results once the referee samples are done.