Bullboard - Stock Discussion Forum 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... see more

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TSX:SVB - Post Discussion

Silver Bull Resources Inc > NPV of Sierra Mojada is $1.2 Billion pre-tax

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Post by LondonInvest on Jun 11, 2021 1:19am

NPV of Sierra Mojada is $1.2 Billion pre-tax

If you recall the Preliminary Economic Assessment for Sierra Mojada, see link:

https://silverbullresources.com/news/silver-bull-completes-positive-preliminary-economic-assessment-for-the-sierra-mojada-project-coahuila-mexico/

At Silver $28/oz, Zinc $1.35/lb the PEA would show

NPV = $1.2 Billion

Current Market Cap of SVB = $40 Million

A 10-15% valuation to NPV would mean it goes to $3.50-$5.00.

I think just a long-deserved revaluation is taking place and an appreciation of resource.

Note all of this is only what has been discovered. South32 is around because the geology is the same as Wildcat Silver/Arizona Mining and they have confidence they will find the main ore body. In that case SVB would be worth 10x current found resource. This is an option on silver with no expiration date and a major player who wants to be in their sandbox.

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