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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 Jun 10, 2021 3:51pm
332 Views
Post# 33366710

RE:New High!!

RE:New High!!The connection between SBVL and Wildcat is South 32.  South 32 bought out Wildcat in 2017 and a few years ago they took a 70% owership stake in Silver Bull's Sierra Mojada project. and will likely buy them out at some point as well.

Since there was no initial large upwards move after the announcement of the Arras spin off shares, is it possible that South 32 will look to fully acquire SVBL before the spinoff in order to take possession of the Kazakhstan properties also?  Just idle thought here, I have no other thoughts as to why SVBL would start to jump out of the blue.

Maybe Tim Barry and company just want to end this odyssey and they felt like announcing a spinoff would turn up the pressure on South 32 to just buy us out?
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