I haven’t been here for some time ……………… and for good reason.
This company basically got thrown under the bus by a grossly misinformed ‘black-eyed’ Tanya Plibersek, in a bid to pacify a group of so called indigenous dream conjurers.
My take now is that there will no significant rise in SVL share price until it actually starts mining silver and converting it into a profit for shareholders. When that will be? Who knows!
So long as the US ‘monopoly money can be created out of this air, the BBB (Big Bad Banks) will be able to continue shorting the b-jesus out of the silver future market. I don’t care how much silver is used in solar panels, electronics, missile warhead and the like.
While the main price-manipulating banks have free access to unlimited money for shorting markets, the lid will firmly remain on the silver price.
SVL Price at posting:
11.5¢ Sentiment: None Disclosure: Held
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