SVL 6.06% 17.5¢ silver mines limited

Furthermore our current market cap in yank dollars is around 189...

  1. 181 Posts.
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    Furthermore our current market cap in yank dollars is around 189 million at 67 cents exchange.

    That's one yank dollar per ounce of silver in the ground at Bowdens, and I'll throw in all the gold, lead and zinc for free, and all the other leases.

    Some mental case earlier was saying it's over valued at 22 cents which is about 15 yank cents.

    Imagine someone going to S32 and saying I'll sell you a ready to go mining lease with a couple of hundred million ounce resource that's currently fetching 24 yank dollars per ounce for a dollar an ounce and it's easy low cost mining. Not only that but plus, plus, plus all for free.

    What would they say I wonder?

    Get in while the gettings good if not already because if I'm right someone big will notice people are brain dead when it comes to valuing SVL.
    Last edited by Clive5: 03/04/23
 
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