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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 21, 2024 11:50am
114 Views
Post# 36100078

RE:SVB

RE:SVBHow do courts in the U.S. enforce judgements?  They seize assets.  Then, Mexico can protest any seizures, however, as a party to NAFTA having just lost an arbitration case involving violation of NAFTA agreements they will have no leg to stand upon if they want to attempt to reverse any seizures.

SVBL is getting financial backing since this is basically a slam-dunk case and the lawyers know it.  The bigger question will be what happens at the end of the rainbow?  Does SVBL issue a one time dividend to all shareholders, liquidate and then close shop or do they stay in existence and take the $$ and attempt to start up exploration in another locale?  Who knows, maybe ARRAS will absorb the company by acquiring it to utilize the cash.  At least things seem to be progressing well in Kazakhstan.

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