Silver Bull Resources Inc T.SVB

SVBL is a curious case

[Heywood_Silvers]

Seems that management is freaking out that the apathy of the shareholders is potentially going to affect their ability to maintain the 30% ownership interest in the Sierra Mojada project.  Well, maybe when the share rollback was initiated they should've left the original shares outstanding cap alone.  If the shareholder's signed off on the rollback, we would've had no problems in leaving the original cap amount alone.

Now, management is scrambling.  Short sighted to a certain extent if you ask me.  For the record, I did vote my shares yes to the increase in cap limit.

[basserdan]

<<<Well, maybe when the share rollback was initiated they should've left the original shares outstanding cap alone.>>>  It's my understanding that part of the rules in the USA is that when a company opts to roll back shares the share authorization also gets rolled back. <<<For the record, I did vote my shares yes to the increase in cap limit.>>>