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
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