Savers Value Village Inc V.SVV

Primary Symbol: SVV

Consumer Cyclical Specialty Retail

Savers Value Village, Inc., together with its subsidiaries, sells second-hand merchandise in retail stores located in the United States (U.S.), Canada and Australia. Its segments include U.S. Retail and Canada Retail. It provides low-priced merchandise ranging from clothing to home goods in a treasure-hunt shopping environment. It purchases secondhand textiles, shoes, accessories, housewares, books and other goods from its non-profit partners, either directly from them or via on-site donations at Community Donation Centers at its stores and through GreenDrop locations. It then processes, selects, put price, merchandise and sells these items in its stores. The items that are not sold to its retail customers are marketed to wholesale customers, who reuse or repurpose the items they purchase from the Company. It operates over 326 stores under the Savers, Value Village, Village des Valeurs, Unique and 2nd Ave. banners. It also owns a thrift store chain with seven locations in Georgia.

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Savers Value Village Inc

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Comment by stillbobon Jan 14, 2017 12:26am

176 Views

Post# 25707664

RE:RE:RE:RE:11 Jan Press Release

The KEY to your whole post is, "if they have success at Talbot".

They've been drilling on the property for 3 months now and we haven't really seen any major successes.

Their origonal drill plan said 2 holes at the high grade corridor, 2 holes at the north anomaly and 2 holes at the central deposit.

How they haven't been able to report at least ONE good hole from the high grade corridor makes me wonder WHAT they did there.

They said last year that they were at the "top edge" of major mineralization at the north anomaly.

Wouldn't they drill that FIRST?

I AGREE that they should just stick with Talbot if they can build tonnage, but so far they don't even seem to be finding any mineralization let alone building tonnage.

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