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 > No more news ?

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Comment by Heywood_Silverson May 10, 2023 6:54pm

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Post# 35441966

RE:RE:RE:No more news ?

OK, so Barry & company are seeking $178mm USD from Mexico. Let's say for sake of argument that they get even 25% of that amount via a settlement. This would be about $45mm. They should seriously consider a special one-time dividend (50 cents a share maybe?) to shareholders as compensation for our holding onto our shares. That would still leave $27mm in this example as working capital to get the project up and going again.

Just my idle thoughts. Either way, the bottom line is that the foolish blockade has to be resolved or the project will continue to languish on the back burner.

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