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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 mellow1on Mar 14, 2018 3:43pm
252 Views
Post# 27715645

RE:RE:what is the matter with this co.???

RE:RE:what is the matter with this co.???Major problem is 235 million shares in float (FD) and very little working capital. So more dilution ahead when asking investors for more cash, and coming soon, but market is not responsive. Just to raise $1 mill at 0.20 means 5 mill more shares in float. But kudos for making the best of a difficult situation and keeping the termite turning. This will shine one day. Watch for a trend change and jump back in fast.
Bullboard Posts