Might be an odd thing to say in the current environment, but new to resources generally and SVL in particular, tho' have been following the wider macro-economic silver/gold story with interest. Have also enjoyed your informative posts on this thread, (and others), so thanks for the input.
Have watched the SP go from 8 cents to current and still not in! Doh!
A couple of questions if you have the time. First, have management given any indication when SVL might commence production? Even if they could go open-pit, what capex would be involved?
Secondly, with an inferred resource of 10 million oz and potential for 20 million, at current price of say $30/oz and potential for far greater, but let's say $50/oz, doesn't that give SVL a significant upside?
Even if the resource stays the same, at $50/oz the potential is still rather large, to say the least.
What am I missing here? Other than not getting in at 8 cents :)
TIA.
Writer.
SVL Price at posting:
25.5¢ Sentiment: LT Buy Disclosure: Not Held
