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Bullboard - Stock Discussion Forum 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... see more

TSX:SVB - Post Discussion

Silver Bull Resources Inc > Soon they have two PFS stage mines
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Post by adora on Apr 20, 2021 10:23am

Soon they have two PFS stage mines

With financing issue solved & legal process over, we will see an aggressive move by Silver Bull, S32 & Copperbelt AG to bring Beskauga & Sierra Mojada into PFS stage

Silver Bull plans to drill 30,000 meters this year on the Beskauga project, that's enough to take it into PFS, they are also starting permitting process to build the mine (if understand correctly)

South 32 will move in quickly and drill out Sierra Mojada and advance it to PFS stage. Project already has water permits for the mine, only permits lefts are post PFS stage permits.

Silver Bull is the most undervalued PM-stock in the sector with two very large deposits close to PFS stage & on their way to production in a not to distant future.
Comment by Heywood_Silvers on Apr 20, 2021 11:03am
Agreed that SVBL is quite undervalued.  If you read the press release regarding the voting, we only approved the share cap limits by the SLIMMEST of margins.  This tells me that we still have quite a bit of shareholders who are distrustful or apathetic towards management. We are all Missourians now (Show Me State) as we wait and see whether or not the  Kazakhstan gambit and selling ...more  
Comment by andre171 on Apr 20, 2021 11:25am
For Beskauga, I would give little credit to the 1170M NPV mentioned in the seller's 2018 presentation, while noting that reserves and resources have a very high "purely potential" sale value. Bob Moriarty posted about SVB, but did not follow up on this article (as often): 321gold.com/editorials/moriarty/moriarty060718.html