Silver Bull Resources Inc T.SVB

International arbitration

[andre171]

At the end of June, SVB initiated international arbitration proceedings against Mexico. We're probably in for several more years of stalemate!

[Heywood_Silvers]

Well, either one of two things happens... A)  we win some % of the $178mm being sought and Mexico cleans up the blockade and we push through with the project. B)  we win some % of the $$ being sought, Mexico drags their feet in cleaning up the blockade and management throws in the towel and either sells to the highest bidder or simply divides the cash in the coffers by the number of

[andre171]

The problem is how long it will take to find a solution, which I think could be a long time. Is the international court obliged to rule within a certain (reasonable) time? Thank you for your reply.

[Heywood_Silvers]

I have no idea how long arbitration takes.  It usually is quicker than a full-on court case being litigated. The only good news to this whole ordeal is that by the time the dust settles silver will be substantially higher than the last few years and the project should be "hitting the market" at the right time instead of being picked off on the cheap as some juniors have been this

[andre171]

https://finance.yahoo.com/news/mexico-hit-trade-arbitration-proceedings-220614713.html