SVL 0.00% 15.5¢ silver mines limited

Good afternoon to all holders, Picked up another 1 million...

  1. 155 Posts.
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    Good afternoon to all holders,

    Picked up another 1 million shares today at 0.001. Remaining patient.

    The US dollar had its biggest drop in 7 years yesterday. Most other currencies have already seen major declines in the last 6 months. Gold and silver are already up 20-30% in AUD terms.

    Will be interesting to see whether SVL can attract sophisticated and institutional investors in the near future. SVL at present is nothing but a penny stock. Heck you could even go as far to say it is the cheapest stock on the ASX.

    Hopefully management is sensible and will continue to serve the best interests of all holders.

    The administration fees incurred after the capital raise are concerning. I would personally prefer management to aquire high grade silver deposits in the short term and reward themselves handsonmely in the long term once silver resumes its upward trajectory. Short term pain for long term gain.

    Stay patient,

    Gold luck to all.
    Last edited by Silver Samadhi: 04/02/16
 
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Last
15.5¢
Change
0.000(0.00%)
Mkt cap ! $233.7M
Open High Low Value Volume
15.5¢ 16.0¢ 15.5¢ $112.4K 724.6K

Buyers (Bids)

No. Vol. Price($)
17 353381 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 563623 14
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Last trade - 13.17pm 28/06/2024 (20 minute delay) ?
SVL (ASX) Chart
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