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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 glock2637on Jun 19, 2018 4:22pm
141 Views
Post# 28194245

RE:It's All About The Size & Grade of the Sulfide Deposit

RE:It's All About The Size & Grade of the Sulfide Deposit Nice thoughtful post but I am still trying to figure out how this 70/30 JV benefits SVB shareholders? I would have been semi ok with a 50/50 JV but 70/30?? I would be happy if I were a South32 shareholder--if they buy us out at some point for 50% premium like Arizona mining just got South32 is going to end up getting this massive project with billions in the ground for a pathetic 150-$200 mil bucks--I can feel it. An us tiny 30% owners get peanuts. Our PPS is going to have to go up 200% from here and South32 buys us out at 200% premium for us to do close to good on a buyout and that is potentially after another 4 years of drilling....
Bullboard Posts