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Silver Bullet Mines Corp V.SBMI

Alternate Symbol(s):  SBMCF

Silver Bullet Mines Corp., formerly Pinehurst Capital I Inc., is a Canada-based company. The Company owns a 100% interest in the property which consists of over 232 mineral claims (4900 acres), situated to the north of Globe, Arizona, centered on the Richmond Basin, approximately 91 kilometer (km) west of Phoenix, Arizona. The Property includes several past producing silver mines including the McMorris, McClellan, Silver Seven, La Plata and Buckeye. The Company’s property is located within a 30 mile radius of multiple copper/gold porphyry mines and silver mines.


TSXV:SBMI - Post by User

Comment by tobinator01on Mar 06, 2023 1:17pm
147 Views
Post# 35321728

RE:Reported high grade levels of Gold and PGM are false

RE:Reported high grade levels of Gold and PGM are falseYes this is a black eye for SBM and will hurt their assay credibility for a long time.  What they need to do is send the two labs materials to each other and find out why there is several order of magnitude difference.  Hopefully Lab #3 comes up with confirmation of one or the other.

I think most investors are here with the expectation for immediate production.  Stopping production was simply a bad call.  You don't do that when you are under capitalized.  They could have six months of production in the bank and been able to reprocess the tailings once everything was figured out.

Right now it is their time to put up or shut up.  They have promised near term production since last Summer and not a dime of sales yet.  No more excuses, they better have revenue coming in by June or else their next fund raise will be at a dime.
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