SVL (ASX) Silver seats going to be hard to find

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16.8¢ silver mines limited

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Fernit

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14/04/24

17:43

Post #: 73338197
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Originally posted by Aspear: ↑

Who wouldnt people promote their own held stock when they have confidence in it.

The shareholder led promotion of Maronan has worked well. There is only so much promotion that can come from the company itself - they have their * interviews, money matters youtube interviews, mining.com articles but no matter how good they are, they dont help that much.

what has helped in promoting maronan is grass roots, we have a whatsapp group with 20 maronan shareholders, a facebook group recently, petition updates to a popular asx petition about stockmarket dishonesty, reddit posts on r/silverdegen club. We know the silverdegen club lads well because we love the silversqueeze movement.

all this has helped us achieve an above 30c price which is what we are happy with now, and in that process, since January 1, around 10 million shares have traded - and I can tell you who has been the seller, its veritas securities the IPO broker of Maronan who has no interest in silver, he raises money for companies then takes profits. He does it in all the companies he raises money for as all brokers do. And he has aggressively been selling every time we got close to 30c. They didnt want options to be exercised, they wanted another capital raising. If we didnt get the word out about Maronan and promote it all over X we would have had a capital raising believe me.

if you believe in SVL you should do the same kind of promotion. Get your friends involved.

galena mining which went into production as a lead/silver ASX junior in 2021 didnt just go into voluntary administration because of its falling grades. They went into administration because their management didnt take any active measures against the manipulated share price and they were forced into a position where they couldnt raise capital.

SVL is 4/5 years later than Galena with a much higher silver price but you still need to be aware of your managements decisions

it doesnt look good to observers when you moderate people like me.

how is writing about MMA here breaking any guidelines? its a silver developer peer and you should be comparing.

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SVL Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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Last 16.8¢		Change 0.003(1.52%)		Mkt cap ! $248.8M

Open	High	Low	Value	Volume
17.0¢	17.5¢	16.5¢	$328.4K	1.943M

Buyers (Bids)

No.	Vol.	Price($)
27	949574	16.5¢

Sellers (Offers)

Price($)	Vol.	No.
17.0¢	889495	17

View Market Depth

No.	Vol.	Price($)
27	949574	0.165
29	727079	0.160
23	606121	0.155
30	1579090	0.150
12	839429	0.145

Price($)	Vol.	No.
0.170	889160	16
0.175	2080551	9
0.180	2564142	25
0.185	1520567	7
0.190	471161	12

Last trade - 12.37pm 02/05/2024 (20 minute delay)


Last 17.0¢		Change 0.003 ( 0.47 %)
Open	High	Low	Volume
16.8¢	17.0¢	16.5¢	705194
Last updated 12.46pm 02/05/2024 ?

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