Silver Bull Resources Inc T.SVB

Alternate Symbol(s): SVBL

Metals & Mining Silver

Silver Bull Resources, Inc. is a Canada-based exploration-stage company. The Company owns a number of property concessions in Mexico within a mining district known as the Sierra Mojada District, located in the west-central part of the state of Coahuila, Mexico, near the Coahuila-Chihuahua state border approximately 200 kilometers south of the Big Bend of the Rio Grande River. The Sierra Mojada Project site is situated to the south of the village of Esmeralda, on the northern side of a major escarpment that forms the northern margin of the Sierra Mojada range. The principal mining area extends for approximately five kilometers in an east-west direction along the base of the precipitous, 1,000-meter-high Sierra Mojada Range. The Sierra Mojada Project comprises over 20 concessions consisting of approximately 6,496 hectares (about 16,052 acres). The Sierra Mojada concessions contain a mineral system which can be separated into two distinct zones: a silver-rich zone and a zinc-rich zone.

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Silver Bull Resources Inc

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Comment by philip3on Feb 20, 2015 1:55pm

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Post# 23448998

RE:RE:RE:coeur as suitor

WEll, while the cash burn rate is pretty low, the longet this drags on, the lower the stock price goes. It gets cheaper and cheaper all the time. I assume to the benefit of the buyer. How long can SVB hang on before it is forced to refinance at awful prices/dilution?
CA$23 mil for large proven silver and zinc reserves is pretty sweet. Read on SA that the issue may be the ~300mil required to fully develop the mine.

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