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Silver Bull Resources Inc T.SVB

Alternate Symbol(s):  SVBL

Metals & Mining Industrial Metals & Minerals
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

Silver Bull Resources Inc
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Post by feasttimeon Sep 16, 2008 9:20am
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Post# 15458853

Company is financially sound...

Company is financially sound...-THIS IS A REPRINT FROM A JUNE 20th NEWS RELEASE -

SilverBirch enhances cash position from warrant expiry
6/20/2008 7:01:58 AM - Canada NewsWire

TORONTO, Jun 20, 2008 (Canada NewsWire via COMTEX News Network) --

SilverBirchInc. (TSX-V: SVB) announced today that 100% of the more than twentymillion warrants issued in the December 2006 unit financing wereexercised as at the June 18th expiry date generating total proceeds of$2,414,247.

"Thisadditional capital allows us to continue the momentum of our aggressivegrowth strategy to achieve critical mass in both the mobile and videogame spaces." said SilverBirch CEO, Derek van der Plaat.

*****SVB IS IN A STRONG FINANCIAL POSITION TO CONTINUE THEIR AGRESSIVE GROWTH, THEREFORE S.P.

WILL BOUNCE BACK SOONER THAN LATER - THOSE THAT ARE BUYING DOWN AT THESE LEVELS (LIKE ME)

WILL BE WELL REWARDED!! ******************

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities