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Silver Bull Resources Inc T.SVB

Alternate Symbol(s):  SVBL

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.


TSX:SVB - Post by User

Bullboard Posts
Comment by iliketomoveiton Aug 30, 2017 1:00pm
352 Views
Post# 26637825

RE:SVBL Starting A 2000 Meter Underground Diamond Drill Prog

RE:SVBL Starting A 2000 Meter Underground Diamond Drill ProgFinally some drilling! I'm back as potential buyer but will wait for them to fall back a bit. They are basically drilling into old mine workings so you know they are least going to have some hits. I hope. The last round of drilling didn't hit anything though but that wasn't drilling into old workings. I wonder why management is only just now exploring and drilling old workings. Wouldn't it make sense that old workings would be where you start? Instead they've spent 10s of millions on drilling low grade silver on surface that won't be economic until silver doubles in price.  It will be really really bad though if they miss on this round of drilling. Then they'd have drilled their exploration targets on the sides and old mine workings below and come up with nothing. The stock would fall llike a rock cause it means there's nothing there but the low grade silver. I'm in for a few pennis though if i can get a fill a little lower. Good luck. 
Bullboard Posts