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Bullboard - Stock Discussion Forum Silver Bullet Mines Corp. V.SBMI

Alternate Symbol(s):  SBMCF

SBMI's flagship asset is the Black Diamond Project located in the major mining camp of Globe, Arizona. Black Diamond is a massive project, covering 4900 acres and hosting five former producing silver mines. SBMI also owns the George Washington Mine, a former silver and gold producer in Idaho on patented lands.

TSXV:SBMI - Post Discussion

Silver Bullet Mines Corp. > Expect PR Shortly
View:
Post by WarrantOfficer on Nov 08, 2022 9:11am

Expect PR Shortly

IMO, the mangement CTO indicates the assay results from the diabase will be of a favourable nature. It they where not favourable, a mangement CTO may not have occurred. If the diabase contains the same Gold and PGM assays as the 2km vein....well....hold on tight..
Comment by tobinator01 on Nov 08, 2022 1:57pm
Did you see something on the wires today or are you refering to the Chairman's insider black out from a few days ago?
Comment by WarrantOfficer on Nov 09, 2022 10:50am
Tobinator01...I read the PR incorrectly. The original gold and PGM assays where conducted by Voyageur. Management black out is the correct order for third part findings yet to be released.
Comment by Luckierjack2 on Nov 09, 2022 11:10am
Today's news was an IIROC CTO, not the company's plan becuase of assay results.  This is as a result of a failure to file the financial statements.  It's that simple...... LJ quote=WarrantOfficer]Tobinator01...I read the PR incorrectly. The original gold and PGM assays where conducted by Voyageur. Management black out is the correct order for third part findings yet to be ...more  
Comment by RHertig on Nov 09, 2022 9:57am
Trading halt so we may find out shortly. 
Comment by nomoney on Nov 09, 2022 10:13am
Cease trade order.
Comment by tdsb on Nov 09, 2022 10:23am
Not Good, this usually means they are in financially insolvent. If they can't obtain funding we as shareholders are bagholders, left with nothing. 
Comment by WarrantOfficer on Nov 09, 2022 10:45am
Tdsb: are you following this company at all?
Comment by tdsb on Nov 09, 2022 11:49am
Warrant Officer, why was this company not filing financial statements if that is what happened. What exactly is your take of their cease trade order, I would like to know what is going on here. Please Explain? CHEERS!
Comment by Luckierjack2 on Nov 09, 2022 12:10pm
TDSB, Read the company's press release of October 19, 2022 where the company said they couldn't file on time.  At the same time, they announced a managment cease trade order.  I believe that it will be corrected soon and trading will resume LJ
Comment by tdsb on Nov 09, 2022 1:05pm
Luckierjack2, I do not see a news release dated October 19th, there are some dated October the 18th and 21st, they however did not speak of a cease trade, could you supply me with a link to the news release you are mentioning. CHEERS!
Comment by Luckierjack2 on Nov 09, 2022 1:56pm
Oops, my bad. It was the release dates October 28, 2022.  Just click the link for news releases up above. 
Comment by tdsb on Nov 09, 2022 4:09pm
Luckierjack2, thanks guy for the link, much appreciated. Cheers! TD
Comment by Lenard on Nov 10, 2022 10:49am
What you say is correct. It applies to every exploration stage company on the TSX and venture exchanges. Do your due diligence on everyone you buy into. I lost money on Barkerville. It was a roller coaster sitting on good historical claims with good assays. Only you can make a decision on what risk you can afford to take.  SBMI looks good to me and hundreds of other investors. When I look at ...more  
Comment by Royal10 on Nov 10, 2022 11:12am
Thank you! I agree with you!
Comment by tobinator01 on Nov 10, 2022 12:36pm
I like the fundamental story here about starting off with producing a rich Silver vein that now we see has increased in value with Gold-PGM's.  Exploration companies live and die by the fortunes of their stock since they have no revenues.  Silver Bullet can immediately produce revenue from Buckeye and the Washington mines.  That means much less dependence on the stock. One of ...more  
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