SVL 2.27% 10.8¢ silver mines limited

announcement out, page-11

  1. 3,351 Posts.
    Results are good considering their twins of previous historic drillings. This only confirms their understanding of the mineralisation along the whole strike length.

    In my opinion, the recent tradings are all accumulators who are trying to grab as much shares as possible before they commence their 12000 m drilling program. The grades are really high across the board...if they hit their targets [and there is nothing to say that they can't], a possible 50 million ounce deposit will look favorable to many overseas investors and hedge funds.

    This is definitely a SHORT TERM BUY prior to drilling program. Meanwhile the silver spot has formed a base at $35.60/ounce. To think that just a few months ago we were sitting at $18.00/ounce!

 
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Last
10.8¢
Change
-0.003(2.27%)
Mkt cap ! $162.1M
Open High Low Value Volume
10.5¢ 11.0¢ 10.5¢ $244.1K 2.305M

Buyers (Bids)

No. Vol. Price($)
53 3155915 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 1142505 17
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Last trade - 12.35pm 01/11/2024 (20 minute delay) ?
SVL (ASX) Chart
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