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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 Oct 11, 2021 11:01am
249 Views
Post# 33994970

RE:RE:SVBL Announces Distribution Of Arras Minerals to SVBL shareh

RE:RE:SVBL Announces Distribution Of Arras Minerals to SVBL sharehI checked my Schwab and my TDA accounts, both of them still show my SVBL shares.  In the short-term, yes you would've been better off selling prior to the distribution date.  That being said, long term, considering where the metals prices are heading, more or less any investment in the junior sphere (including SVBL) will end up with positive gains.

Very odd why your shares wouldn't be available.  Considering we have no idea when in the future the Arras shares will be made available for trading, nothing should've happened to your SVBL shares in the meantime.  Only thing that should change with your SVBL shares would be a basis adjustment after the receipt of the Arras shares.

If you have a Canadian brokerage, the above may not apply to you however.
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