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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

Comment by Heywood_Silverson May 21, 2021 7:24pm
296 Views
Post# 33252823

RE:Future

RE:Future The value of the stock continues to slowly creep to $1.  I guess investors are expecting good news out of Mexico?  Well, we all know the end game here:  South 32 will buy out the remaining 30% of Sierra Mojada and we'll get $2+ a share or so.  Or, South 32 acquires SVBL and the Beskauga project is spun off as a separate company.

The future lies in Beskauga, which is why I understand why the company wanted to change the name.  But, that can take place at a point in time when we are no longer a silver play.

 
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