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Silver Bull Resources Inc SVBL


Primary Symbol: T.SVB

Silver Bull Resources, Inc. is a Canada-based exploration-stage company. The Company owns a number of property concessions in Mexico within a mining district known as the Sierra Mojada District, located in the west-central part of the state of Coahuila, Mexico, near the Coahuila-Chihuahua state border approximately 200 kilometers south of the Big Bend of the Rio Grande River. The Sierra Mojada Project site is situated to the south of the village of Esmeralda, on the northern side of a major escarpment that forms the northern margin of the Sierra Mojada range. The principal mining area extends for approximately five kilometers in an east-west direction along the base of the precipitous, 1,000-meter-high Sierra Mojada Range. The Sierra Mojada Project comprises over 20 concessions consisting of approximately 6,496 hectares (about 16,052 acres). The Sierra Mojada concessions contain a mineral system which can be separated into two distinct zones: a silver-rich zone and a zinc-rich zone.


TSX:SVB - Post by User

Comment by Heywood_Silverson Sep 26, 2021 5:41pm
192 Views
Post# 33921242

RE:RE:RE:RE:RE:RE:+ 12% Why ?

RE:RE:RE:RE:RE:RE:+ 12% Why ?The 9.01.21 press release (2nd paragraph) said that shareholders as of 9.10.21 are entitled to the distribution.  The distribution took place on 9.24.21.  Yes, there were supposedly "due bills" which were to trade through the distribution date, that being said, did you see any of these "due bills" actively being traded?  I didn't on either the TSX or the OTC markets.

This is why I didn't believe that the initial trading price of Arras shares would be very much, there wasn't even a market for these so called due bills.

And, so we are all on the same page, the SVB or SVBL shares trading for $1 US most certainly are not the due bills but are the normal Silver Bull shares.

I stand by my original comment that it appears some thought they would sneak some shares at the last minute, but they were already two weeks late at that point.
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