NYSEAM:SVT - Post by User
Post by
vinniePon Jul 17, 2019 8:51am
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Post# 29928708
No News in 6 Months
No News in 6 MonthsI was once optimistic on this play, but seeing the way this has played out over the past year my optimism has turned into disappointment. 6 months without a peep from management. It was then that they had indicated a phase 2 drill program would commence “shortly” and that further studies would take place this year. Warrants @ $0.15 expire in February of next year, not sure why anyone would want to exercise those when they could get in at a fraction of the price today. How can you even do a financing at today’s prices. I’m in @ $0.06 with a big chunk, so unless there’s a JV I can’t see this doing much of anything as a takeover wouldn’t be in play as it isn’t far enough along in the permitting. Again, without news soon, I mean news of REAL significance I’m beginning to wonder if I should just consider this a loss. We as shareholders deserve better.