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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 andre171on Sep 11, 2023 12:27pm
97 Views
Post# 35629556

RE:RE:RE:8-k filed by SVBL with disclosures related to the funding!

RE:RE:RE:8-k filed by SVBL with disclosures related to the funding!
Smelvin wrote:

No, the money awarded to Silver Bull Resources belongs to the company (and its shareholders.)
This could be rather amazing should SVBL be awarded a big judgement, which seems probable.

the market cap of SVBL is minuscule .... it's just a fraction compared to the amount of many many millions it's likely to recover.


The fact that they've been loaned the litigation funding on a contingency is an incredible endorsement of the case SVBL apparently has against Mexico.


I also tend to think that the lenders ( 9.5M ) must be optimistic to advance triple the current capitalization and be convinced that the litigation will be won by SVB! 
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