SVL 2.94% 16.5¢ silver mines limited

No problems Voki. I assure you that SVL has a really good high...

  1. 3,351 Posts.
    No problems Voki. I assure you that SVL has a really good high grade silver deposit in play. Its just a matter of patience and not being influenced too much by the general market consensus.

    Silver price has jumped by 28% in one day and now sits at $32.70/oz! I foresee a move back to 30cps for SVL shortly. If it hits my valuation at 37.5cps, then i will reassess my position. Of course, if they release new drill results, things change.

    Always stick to High grade, low OPEX economic deposits. SVL's head grades are making the WEBB deposit an interesting play. An average of 256 g/t is huge in any book.

    Investors need to control their emotions and understand why they bought the stock in the first place. If the ECB prints another 4 trillion, then precious metal stocks are headed to the moon.
 
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Last
16.5¢
Change
-0.005(2.94%)
Mkt cap ! $248.8M
Open High Low Value Volume
17.0¢ 17.5¢ 16.5¢ $496.7K 2.951M

Buyers (Bids)

No. Vol. Price($)
3 38364 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 615122 7
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
SVL (ASX) Chart
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