Berenguela -Hard to believe !!

Have been away overseas for a month and cannot believe that VAL S/P is still below 0.01cents .My post on the 22/5 /17 covered the project which is World Class 88mill oz Silver Resource plus 415 mill lbs Copper.

In Australia on the ASX - SVL has more resource with Silver 155 mill oz and has a S/P of 0.125
   ARD resource  52mill oz Silver Eq oz S/P 0.031cents includes AU,AG ZN PB
   IVR resource 42 mill oz Silver -Paris Deposit S/P 0.032cents
   SCI  drilling -no resource S/P 0.020
There are numerous miners on the TSXV that have resources approx the same with share prices from C$0.35 cents to C$3-81.
Silver Standard the previous owners classified the mine as World Class. With the 66 hole drilling to start and the extra depth to 200m that will add to the present resource this Project should  just get better.

Here are some of the results of the last 29 drill holes undertaken by Silver standard in 2005.

BER  hole 213 -85 m @252grms/ton including 15 m ave 657 g/t   -- hole 210 - 13m - @ 291 g/t
BER  hole 221 - 69m @215 g/t  including 9m @485 g/t   ---  hole 196  - 20m @ 137 g/t including 5m @363g/t
BER  hole 201 - 30m @136 g/t including 8 m @335 g/t --  hole 215  - 76m @103 g/t including 8 m @411g/t
BER  hole 216 - 11m @ 187.7 g/t ---- hole 219 - 27m @ 226g/t including 7 m @668 g/t
BER  hole 220 - 10m @ 207.5 g/t

Dr Lima as project chief op officer with 20 years mining experience in S/AM was responsible for the San Griorio mine for Rea and of the $450mill Pirquitas open pit silver mine for Silver Std plus Beadelles Tuiano Gold Project in Brazil brings huge expertise to the BerenguelaProject.

Typically precious metal stocks listed on the ASX are not sought after by investors and I hope that VAL do not suffer from the malaise of the ASX.

I rate Berenguela up there with Red Eagle Explorations Santa Ana Silver Project approx  97mill oz in Peru that rates as world class .

Awaiting with expectancy the up coming months ahead.

DYOR  - GLTA