Ann: Extensive Base Metal System Beneath Bowdens Silver Deposit, page-13

I have invested in SVL purely punting on the price of silver to increase. Very simply "a rise of silver price is what is needed to raise the SP". If the price of silver jumped to $50 I think you would find we would of had a very fast tracked feasibility study by now and released and probably a share price in the vicinity of 50c to $1 and if a date was set for production and silver price went up or hovered at the $50 mark we'd have a share price 1$+.

The whole time silver is at 16 bucks I can see management playing the game and not releasing any feasibility study for as long as it takes and "test drilling a few more possibilities" and a few more publicity stunts of "what do you know we found this" etc.

Why start a mine that would raise very minimal revenue with a low silver price when they can wait F*** the dog a bit more and hope silver price bounces to $50 then unleash the beast. If you had a house in an area that housing prices fluctuated and you were at the bottom of a trough at the moment you would wait for an increase in price to off load it wouldn't you unless you needed money fast.

Either way anyone or any company..... buying into SVL or wanting to take SVL over..... at the moment at the current silver price has an absolute bargain on their hands IMO.