You asked for examples, so I gave them! Not sure how that counts as a nonchalant lecture...
Ironically, according to our disclosures, you hold SVL and I don't! I don't really disagree with you about the likelihood of mining going ahead, but I think the problem is economic not environmental. It would require a sustained lift in the silver price for SVL to be able to source the funding to proceed.
I have no real opinion on the directors. A lot of bad stuff has been posted here about them but I don't see that it really matters. It's the rocks and the silver price that will determine whether the mine goes ahead, regardless of whether these directors are on board or whether they jump ship.
I had high hopes for the deep drilling but it didn't deliver, so I sold out. It seems they did find a zoned system but not the mother lode I was hoping for, and given their current cash state I don't think SVL has a positive risk vs reward profile to find it.
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Last
9.4¢ |
Change
0.002(2.17%) |
Mkt cap ! $141.7M |
Open | High | Low | Value | Volume |
9.2¢ | 9.4¢ | 9.2¢ | $303.6K | 3.274M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 376464 | 9.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.4¢ | 532167 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 376464 | 0.092 |
2 | 63172 | 0.091 |
7 | 269060 | 0.090 |
3 | 161500 | 0.089 |
7 | 112100 | 0.088 |
Price($) | Vol. | No. |
---|---|---|
0.094 | 492167 | 3 |
0.095 | 567743 | 6 |
0.096 | 439547 | 7 |
0.097 | 36788 | 2 |
0.098 | 193200 | 3 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
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