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Gold/Mining/Energy : Silver Bull Resources, Inc.

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basserdan

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From: zink	10/2/2014 1:45:45 AM
	3 Recommendations Read Replies (1) of 5637

Historically Sierra Mojada has been "old style" mined some century and a half, little mines mostly along the fat trend, with American Metals (ASARCO) being the first biggie to exploit the resource from late 1880s 'til expropriation between WW1 & WW2 and the Union Mineros Nortenos (workers) taking over. SVBL took over MMGG (Metalline Mining was out of capital) which had been invited in by the cash poor union in the 1990s and the gringos brought modern exploration savvy and consolidated the land parcels, controlling now a much bigger claim to the extensive land holdings than ASARCO ever did... and in Mexico people control Federal mining rights on land and vending to others is OK which has enabled successful SVBL packaging of vital parcels, actually enhancing desire-ability for a take-over eventually as cash-starved biggies sit on their treasuries... Except, this month, Edgar & Barry go to CHINA, the planet's hungriest for ZINC entity and, should they meet the right types over there... Who knows? Ridiculously under-valued right now and, in the coming recovery of a sick & tired mining industry, SVBL will be amongst the first to really RALLY. Got this on yahoo.

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