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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. 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 mineral concessions include La Salada, Santa Clara and Caliguey. Its La Salada concession is located approximately 80 km north-northwest of Zacatecas city, adjacent to the town of La Salada. Its Santa Clara concession is located 70 km northeast of Zacatecas city, 8 km north-northwest of the town of Illescas. Its Caliguey is located 60 km northeast of Zacatecas city, 10 km east of the town of Villa de Cos.


TSXV:SILV - Post by User

Bullboard Posts
Post by micromikeon Jul 18, 2008 7:50pm
296 Views
Post# 15308544

Weekend Update

Weekend UpdateI heard the following.

Big blocks that are trading through BMO could be an institution company out of NY selling. As of the end of Thursday they supposedly had 100K or so left. Today I saw a few large blocks so they are pretty well finished or else have a few more shares left to sell. Next week I'll watch for BMO large blocks and hopefully they dry up.

MAR.to has moved the drill rig on BTC property and they are presently drilling.

In Aug. they plan to drill Goodchild.

The top guns couldn't get into Hope Brook due to weather and time constraints but the camp is all set up and they are doing ground work on it.

There is lots of stuff going on this year and expect lots of news.  They are working on a few JV's as usual and if the deal is good then expect them to complete them.

Still can't believe the price of the shares with all of this going on. I have no doubt in my mind if the ABCP disaster wasn't around there is no way they would be trading this low. 20 mil in bank equates to 33 cents per share. All I can say is unbelievable.


MM
Bullboard Posts