SVL 11.7% 10.5¢ silver mines limited

Ann: High Grade Silver Confirms Depth Potential a, page-2

  1. 3,351 Posts.
    re: Ann: High Grade Silver Confirms Depth Pot... Those are really good head grades by SVL and further gives confidence on the initial results. The company is on the right track and investors will need a lot of patience.

    They will only be able to do a feasibility study with indicated resources...the higher resource estimate in the indicated category, the better the projected NPV of the project. To convert inferred to indicated resources, they will need to infill and twin their discovery holes. This is happening as we speak...

    Expect resource upgrades shortly. At some point the market will take notice again...hopefully the junior provides the rewards.
 
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