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Silver Valley Metals Corp V.SILV

Alternate Symbol(s):  SVMFF

Silver Valley Metals Corp. is a Canadian exploration company. The Company is focused on the advancement of strategic and precious mineral properties including Lithium-Potash in Mexico and Silver-Zinc-Lead in northern Idaho, United States. The Company owns a 100% interest in a lithium and potassium-bearing salar complex comprising 4,056 hectares on three mineral concessions (the Mexico-Canada Project or Mexi-Can Project) located on the Central Mexican Plateau in the states of Zacatecas and San Luis Potosi, Mexico. The National Instrument 43-101 inferred mineral resource contains 12.3Mt of Sulfate of Potash (SOP) and 243,000 tons of lithium carbonate equivalent (LCE) defined only from surface to an average of five meters depth. Its Ranger-Page Project (The Project) is in the Silver Valley, northern Idaho, United States, 60 kilometers east of Coeur d'Alene and one kilometer from the I-90 freeway. The Project borders the Bunker Hill Mine to the east.


TSXV:SILV - Post by User

Bullboard Posts
Comment by ArmyCoreon May 29, 2016 1:45pm
147 Views
Post# 24914190

RE:RE:RE:Well that was quite a ride.

RE:RE:RE:Well that was quite a ride.Reserves are one thing, supply is another: just because Alberta has enough oil to supply the entire world for 100 years doesn't mean that the price of oil will always be at historic lows.

And while it's true that Li price will fall, it may be falling from a relatively much higher base (I don't think we've seen the top yet), and so it may still be cheap now.

Hard to say, but your speculation is as good as mine.  The fact is that demand will continue to grow rapidly, supply will continue to grow more slowly, and this will squeeze the price for the foreseeable future.
Bullboard Posts