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Silver Bear Resources Inc T.SBR

Alternate Symbol(s):  SVBRF

Silver Bear Resources Inc. is a Canada-based company, which is engaged in the acquisition, exploration, evaluation, and development of precious metal properties. The Company’s segments are based on geographical location being the property in the Russian Federation (Mangazeisky). The Company is focused on the development of its wholly owned Mangazeisky Silver Project, covering a license area of approximately 570 square kilometer (km2) that includes the high-grade Vertikalny deposit, located 400 kilometers north of Yakutsk in the Republic of Sakha within the Russian Federation.


TSX:SBR - Post by User

Bullboard Posts
Comment by SmokinWillieon Feb 11, 2017 4:46pm
287 Views
Post# 25832947

RE:RE:RE:Silver Bear sets Mangazeisky commissioning to midyear

RE:RE:RE:Silver Bear sets Mangazeisky commissioning to midyearThanks for the response Moneymaker.

Not sure that those 2 items are solely responsible for the 50% gain in the stock price in the last 2 weeks. Maybe the extension of the outstanding convertible notes is more important than I thought as SBR will not have to seek interm financing and possibly further dilution of its stock. 


Moneymaker1978 wrote: I think of two reasons:

1. The maturity dates of the outstanding convertible notes were extended from March 31, 2017 to December 31, 2017

and

2. the silver prices keep climbing



Bullboard Posts