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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
Post by glock2637on Oct 01, 2019 12:57am
482 Views
Post# 30180568

Very Odd News Release Today

Very Odd News Release TodayI find it very odd that the company has been in a legal battle with this miner's coop and it is just now making the news after the price has fallen from .16 to .09 in Canada. Especially after recently releasing some drilling reports with good results. Here is the wacky part.... What if management wanted to drive the price down because they wanted to load up on cheaper shares cuz they know some great drill results will be announced soon? OR What if management wants to drive the price down because South32 wants to buy the project, but at a cheaper price. South32 then 'takes care' of Silver Bull management because they were 'team players'. Pay SVB management off, and screw the shareholders, and South32 picks up a project on the cheap. For South32 to pay off SVB management, they would still be way ahead because of the share price tanking.... How could the share price get driven down? Hire some miners to form a coop and pretend to stage a blockade to shut the project down. To really know what is going on here, you'd have to speak Spanish and you'd have to talk with the miner's of the coop, even then, you might not get the truth. There is another way to play all of this......if the price sinks to a very low level, and I have no idea what that may be, maybe .05? Add more at that point. When, not if, this blockade is lifted, the price should bounce back, esp. if more good news is coming out. Normally, I don't like thinking like this, but in this case, given a certain investor (ES) has a stake in it and is keeping a very low profile with his association in the project, I wouldn't doubt for one minute that what I just described above is a possibility.
Bullboard Posts