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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 Mar 17, 2022 6:19pm
287 Views
Post# 34523521

RE:RE:If we get below $0.20 USD.......

RE:RE:If we get below $0.20 USD.......Unfortunately, South 32 owns 70% of that zinc.  We are the red-headed stepchild in this deal and the share price (after the boondoggle known as the Arras spinoff commenced) has reacted accordingly.

Hate to cut myself off at the knees here, but if I were South 32, I'd try to scoop up the remaining 30% for a song.  You'll have enough backwards shareholders signing off on a loss just to exit their positions here.

For what it's worth, I withheld my votes for Mr. Barry at the AGM.  I will never forgive him for giving away the Sierra Mojada project and leaving the Bull a mostly empty shell while giving shareholders shares of Arras which are worth effectively pixie dust since they can't be bought or sold.  The absolute worst managed junior in my porfolio of junior resource stocks.
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