SVL 0.00% 9.3¢ silver mines limited

Ann: Acquisition of Bowdens Silver Project, page-6

  1. 9,818 Posts.
    lightbulb Created with Sketch. 3496
    have to agree. silveroo's old world focus on mining suggests he didbnt listen to the strategy announcement that said they wanted to be an 'in gound etf' - ie mine the market.

    they never had an intention of putting $1 into drilling until silver price starts moving seriously northward.

    theyve now got an MD who will oversee that effort - once silver starts moving. On a project that appear to think offers the right upside to pay for the extra risk

    seems very well timed and well thought out. and frankly very clearly spelt out by the company - wheras normally there are gold juniors who try this strat but never actually make it clear that is what they are doing
 
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