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9.8¢ silver mines limited

Can SVL become a serious silver player?, page-3

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Mickeymouse

3,582 Posts.

36

05/02/16

09:59

Post #: 16948233
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Originally posted by Silver Samadhi ↑

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.

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is there any article you can point me to about "US dollar had its biggest drop in 7 years yesterday" as it didn't appear to drastic

SVL Price at posting: 0.1¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 9.8¢		Change -0.002(2.00%)		Mkt cap ! $147.7M

Open	High	Low	Value	Volume
9.9¢	9.9¢	9.5¢	$736.1K	7.596M

Buyers (Bids)

No.	Vol.	Price($)
1	3000	9.7¢

Sellers (Offers)

Price($)	Vol.	No.
9.8¢	640222	5

View Market Depth

No.	Vol.	Price($)
1	3000	0.097
4	198986	0.096
25	1792794	0.095
6	521398	0.094
8	586945	0.093

Price($)	Vol.	No.
0.098	640222	5
0.099	449466	4
0.100	585330	4
0.105	754206	8
0.110	1507852	15

Last trade - 16.10pm 11/11/2024 (20 minute delay)

SVL (ASX) Chart

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