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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

Post by andre171on Dec 22, 2021 7:27am
321 Views
Post# 34253563

Arras Valuation

Arras Valuation
The latest capital increase announced yesterday gives an idea of the valuation of Arras Minerals. SVB had distributed + - 35M Arras shares and yesterday's deal is for 10M. At a price of 1 CAD, Arras could therefore be valued at 45M CAD.
I had read that at the time of the distribution on September 24, the Arras shares were valued at $ 0.5. The subscription price for 1CAD is therefore very encouraging, especially since those who agree to pay it do so because they believe that the stock is worth more or will be worth more in the reasonable term. What do you think ?
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