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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. > Record High Volume Today
View:
Post by tobinator01 on Dec 19, 2022 5:55pm

Record High Volume Today

I suspect buyers today came from Moriarty's inverview and sellers are taking tax loss credits.  Today was the second highest for ticker SBMI since it started trading December 2021.  On the US ticker, SMBCF, it was the highest volume ever (started in April 2022).

Volume SBMI.V = 570k

Volume SBMCF.OB = 265k

Total Silver Bullet Volume traded today = 835k.

I am not sure why sellers waited until today to unload but they did.  This type of volume if there was not a determined seller(s) could have pushed the price to 25 cents.  Eitherway, we have tax loss hang-over for less than two weeks.
Comment by tobinator01 on Dec 19, 2022 6:10pm
I went over to TSX.com and looked up trade history for SBMI.V.  The brokerage that sold about 85% of the volume today was TD Securities.  I can say with high confidence that a singular entity wanted to unload their position into the bid. When I spoke to the Company last week we discussed their strategy for producing the Treasure Room.  In September, the Silver they produced was ...more