Way back in 2011 the SP of SVL was over $10 and I think it's...

Way back in 2011 the SP of SVL was over $10 and I think it's going back there again...

SVL's silver resource 2011 = 10.2 Moz Ag - Shares on issue = 167.2M fully diluted

SVL's silver resource 2022 = 163 Moz Ag (VERY conservative and not taking into account latest drilling discoveries or GOLD) - Shares on issue = 1.29B fully diluted last time i checked

So that's ~16x the silver ~7.7x the shares

I won't say it will certainly reach $10 again, but I cant see a reason why it cannot do it - given a strong enough bid for silver stocks. the technical setting is actually in favour of it happening again in my view and especially now the company has been massively de-risked and soon to be producing. The average grade of silver discoveries globally has fallen significantly since 2000-2022. At the same time a number of Mexico's highest grade most prolific silver mines have been exhausted or they are not finding massive discoveries like they had in the past.

I really can't see why $10 SVL is out of the question, especially given the amount of $$$ in the markets now, debt, defecits, rampant inflation compared to 2011 also. Throw in the mine approval and production on top and $10 SVL might even be cheap at some point.