silver now at $33/oz!

Once again, i opinion that if you are investing in SVL at this part of the game, you should be focused on the management delineating a 35-50 million ounce deposit. That's it..period.

The major moves in a junior comes in the following phases:

1] Initial discovery
2] Resource upgrade and delineation
3] Mine permitting and infrastructure build
4] Production

Major moves on the share price of the juniors are on the first two cycles.

Once it reaches the permitting and production stages, the actual numbers of the project will gain importance [i.e. NPV, Cash cost to extraction, future resource estimates, OPEX costs, Fixed costs etc]. As such, we will have a different class of investors on the share register.

Individuals who are hoping for dividends and organic growth will be doing the math on possible cashflow projections, in my opinion.

At the moment, the head grades and mineralisation of SVL's Webb project is remarkable and is on the high end of the curve. As the size of the resource gets mapped out with drilling, the project and cash cost to extraction gets de-risked further. At some point from now till then, i believe the herd will rush in...that's when you find your price points.

If one looks into the past, the herd came in at the current silver prices. Once the price of silver increased to $35/oz, the juniors saw some significant purchases. SVL at its current share price is oversold and significantly undervalued, in my opinion. It is not too difficult to see it increase by 100% in the next couple of weeks.