SVL 0.00% 15.5¢ silver mines limited

expect a breakout - and bullish 6-12mths

  1. 1,364 Posts.
    Now that SVL have put one of their biggest capital raisings to bed, I suspect we will see a bullish phase containing heavy exploration, information flow and serious market/investor promotion.

    A close above 12cents will indicate a breakout with the next resistance level around the 19-21 cent range.

    I would anticipate that a recovering market and silver price will inject some life into SVL in the coming days.

    Continued success at webbs over the coming months should support a modest market cap in the range of $50million IMO. This is based of a doubling in resource estimate and/or further indications via drilling during that period.

    IMO
    DYOR
 
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16.0¢ 16.5¢ 15.5¢ $441.2K 2.762M

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No. Vol. Price($)
18 1072330 15.5¢
 

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Price($) Vol. No.
16.0¢ 380807 4
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