SVL 2.94% 16.5¢ silver mines limited

dog, page-16

  1. 1,450 Posts.
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    If there is any connection between those companies then I don't know what it is. I am personally invested in WPG (small) and CHZ (large). I'm becoming an impatient holder of SVL and wonder if management are the real deal here. I must say that their communication skills with investors seems limited.

    15m oz would mean an increase of only 50%. Seems a little underwhelming to increase reserves by only 5 moz when management trumpet what an awesome deposit they have and how spectacular the grades are.

    Anyway, I still think that 13c is the wrong price to be selling. Surely wouldn't take too much in terms of a resource upgrade and perhaps a sharp move in the Silver price to get them back to 20c....surely not too much to expect.

    But the clock is ticking and every cent I have in SVL is a cent I don't have in NSL (and that could hurt me big time).

 
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