Silver Bull Resources Inc T.SVB

Not Even Close

[realty]

DSV has 1 BILLION ounces of silver....  Bear Creek has 500 million....  SVBL is mostly an oxide deposit and they only own 30% of it.  Realty

[MHonestInvestor]

do you think the JV will be all stock, all cash or combination of both at the end?

[Heywood_Silvers]

South 32 will likely buy us out.  My gut tells me somewhere above 50 cents USD.  I would love to get $1 or more.  The longer we wait the more valuable the in situ mineral weath at Sierra Mojada becomes.......let's see what happens.

[LondonInvest]

I have been thinking this is more and more likely.  With silver rising so rapidly and SVB now 30+% IRR on deposit, South32 could just offer a premium and take entire asset on the cheap.  Will be a 5-bagger, but still cheap for what is already identified.

[adora]

At same cut off DSV has same amount eq as SVB in silver, that is only based on the oxide part of the deposit, sulfides not included yet.... SVB has same NPV as DSV at current silver price, think about that....

[LondonInvest]

I agree.  DSV only has 400M oz silver at 15g/t cuttoff, SVB has 178 Moz silver.  SVB has 4 BILLION pounds of silver.  Also looking at current IRR for DSV and SVB, SVB is 30% IRR at $27/oz silver with lower Pb assumptions ($1.00/lb) and DSV is only 28% IRR with Pb assumed at $1.30/lb (this is a big assumpltion when it is part of the 60% of the 1 billion AG EQUIVALENT ounces of DSVs

[adora]

@ 50 g/t cut off DSV has 660 moz EQ @ 50 g/t cut off SVB has 442 moz EQ Not big differense there, and that exludes sulphides, 1300 m extended strike length in SVB. I think at same cut off SVB will be as large or larger than DSV once they start to drill.

[LondonInvest]

Adora, what is your holdings in SVBL