Silver Bull Resources Inc SVBL

Arras Deposit = Solaris or Filo

[LondonInvest]

Tim Barry gave a presentation showing that the Arras Minerals deposit is akin to Solaris or Filo, both of which have a $1.4 bn market cap.  Arras Minerals is currently about $50 million market cap.  This could easily be a $1 bn or 20 bagger from here.

[andre171]

Unfortunately, my knowledge of English is insufficient to enable me to understand an oral conversation. Would there be a written transcript or a youtube version that I could translate into French?

[LondonInvest]

There is no transcript or translation.

[andre171]

Can I ask you how you evaluate the capitalization of Arras at 50M when there is no quotation on the stock exchange, it seems to me?

[LondonInvest]

Based on last capital raise at $1/share for 10 million shares.  It was second capital raise, first was at $0.50/share early last year.  Gives about 50 million shares outstanding and approximately $1/share value (thougth that is conservative based on most recent drill results).  So, 50 million shares x $1/share = $50 million.  This valuation is also confirmed by Tim Barry in