Silver Bull Resources Inc T.SVB

Alternate Symbol(s): SVBL

Metals & Mining Industrial Metals & Minerals

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.

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Silver Bull Resources Inc > Future

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Comment by andre171on May 23, 2021 8:30am

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Post# 33255045

RE:RE:Future

Heywood_Silvers wrote:
The future lies in Beskauga, which is why I understand why the company wanted to change the name.

Since you think the future would be the Beskauga project, how could its value be assessed especially on the basis of the latest 43-101 (res. Ind. Of 2.3 million ounces of gold, 476,100 tonnes of copper and 7.25 million ounces of silver)?

Shouldn't we first remember that the acquisition price would be 62M maximum for a NPV of 1170M on the basis of the 2018 presentation. This ratio of only 5% makes me doubt the NPV, all the more that 100 million tonnes are already lost between the 2018 presentation and the 43-101 of last February. Didn't the seller overestimate the value of the project?

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