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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
Comment by ArmyCoreon May 29, 2016 1:45pm
148 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