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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 ryanlaston Jan 03, 2018 7:16am
232 Views
Post# 27268505

RE:Silver Bull's 43-101 2 billion lb Zinc resource

RE:Silver Bull's 43-101 2 billion lb Zinc resource Yah it's quite amazing when you look at how low the inventories have gone over the years. The low supply has put a rocket under the zinc prices. But looking at the sp you wouldn't think so. With the name silver bull your probably right the silver prices will probably have to surpass $20 before this one can really spread it's wings. However that can change with more stellar results. Great days ahead
basserdan wrote:
Fwiw, being that SVBL reports a 43-101 total in excess of 2.2 billion lbs of zinc in situ, there's very little doubt in my mind that Silver Bull's recent price improvement is partly fueled by the strength in the zinc market.

SVBL should become a real screamer when(ever) Silver makes it's move into the $20's!


Zinc January 02, 11:59
Bid/Ask 1.5178 - 1.5182 Change +0.0144 +0.96%
Low/High 1.4916 - 1.5223



5 year price chart


5 year Zinc Warehouse levels (LME)

 






Dan 


Bullboard Posts