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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

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Post by andre171 on May 21, 2021 12:40pm

Future

But little reaction on this forum, which has become very little active since mid-April!
Hope we have more posts again soon!
Comment by Heywood_Silvers on May 21, 2021 7:24pm
The value of the stock continues to slowly creep to $1.  I guess investors are expecting good news out of Mexico?  Well, we all know the end game here:  South 32 will buy out the remaining 30% of Sierra Mojada and we'll get $2+ a share or so.  Or, South 32 acquires SVBL and the Beskauga project is spun off as a separate company. The future lies in Beskauga, which is why I ...more  
Comment by andre171 on May 23, 2021 8:30am
Since you think the future would be the Beskauga project, how could its value be assessed especially on the basis of the latest 43-101 (res. Ind. Of 2.3 million ounces of gold, 476,100 tonnes of copper and 7.25 million ounces of silver)? Shouldn't we first remember that the acquisition price would be 62M maximum for a NPV of 1170M on the basis of the 2018 presentation. This ratio of only 5 ...more  
Comment by Heywood_Silvers on May 24, 2021 8:29pm
Honestly, we probably won't know the true value of Beskauga until SVBL performs their own, initial NI 43-101 report on it. The small payout from the remaining 30% of Sierra Mojada, gives us a floor, the only question is how high will the ceiling be on Beskauga?  The Bull is akin to a lottery ticket - don't go crazy on it, but it could pay off big if we're lucky.
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