If you can afford to hold, just hold. SVL has all the makings of a very strong long term investment. You won't come across many silver resources like this, in a jurisdiction like Australia.
If you wanted to double your money overnight, and you needed that 40k, yes you might be f#$%d. But if it's not your rent money, just leave it and let it do its thing. I am a newbie to this particular stock, I'll admit I bought in on Monday when it was wild - but I've been looking at it for quite a while as I invest in quite a few miners, including particularly precious metals miners (and I have been buying bullion for a decade).
Anything that has a good resource, in a stable jurisdiction like Australia, with an eye to actually digging the stuff up, (and not just years of drilling and capital raises) is a good long term investment, and SVL ticks all three.
SVL
silver mines limited
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9.52%
!
11.5¢

Silver Short Squeeze, page-588
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Last
11.5¢ |
Change
0.010(9.52%) |
Mkt cap ! $204.6M |
Open | High | Low | Value | Volume |
11.0¢ | 12.0¢ | 10.8¢ | $357.2K | 3.158M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 572371 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 1846691 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 572371 | 0.115 |
14 | 2398504 | 0.110 |
48 | 1777370 | 0.105 |
60 | 4503224 | 0.100 |
10 | 143543 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 1846691 | 20 |
0.125 | 1118369 | 12 |
0.130 | 2450667 | 20 |
0.135 | 2419996 | 36 |
0.140 | 1897270 | 33 |
Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
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Hank Holland, Chairman & CEO
Hank Holland
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