The last 3 months SVL hits bottom around 17.5 - 18.0 and bounces...

The last 3 months SVL hits bottom around 17.5 - 18.0 and bounces back to the 20c level. While i hope there's good news dropping soon as much as anyone, SVL has solid resistance around the 18c level. When you look at the amount of drilling that has been done on the Bowdens Silver project ($60m approx) its significantly de-risked the project. Plus they own the Tuena gold field tenement which i believe has drilling results back soon, plus there's gold starting to appear in the Bowdens assay results. There is so much to like about this company. Im no expert in company valuation but at current market cap of 200m SVL looks cheap. Im not sure though how you can spend the 250m mine development cost when the spot price of silver is so volatile. Bowden's is such a monster project its just ripe for a takeover it needs a company with deep pockets to build and manage the project. South 32 might be interested in this one?? I don't know but i do like the future potential with this company.