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

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From: peruchocanuck11/1/2019 4:59:50 AM
1 Recommendation

Recommended By
zink

   of 5637
 
Back to this board after almost 3 years, glad to "see" some familiar "faces" still holding this POS bull !
Here are some comments from the Stockhouse board, some people is starting to doubt Tim and Brian. Brian I dont care, after all he's a lawyer and - no offence - dont expect that much from lawyers, he will jump board without looking back. But Tim, he's a well respected geologist, still remember a conversation with him years ago, he saying he was not selling the company for less than a buck per share...hopefully he still thinks that way. But read the stockhouse comments below, there are some worrisome assumptions in them, it would be good if Tim and Barry could send a strong message to shareholders clarifying that they are not looking to screw current shareholders for a cushy job at South 32:

"I find it very odd that the company has been in a legal battle with this miner's coop and it is just now making the news after the price has fallen from .16 to .09 in Canada. Especially after recently releasing some drilling reports with good results. Here is the wacky part.... What if management wanted to drive the price down because they wanted to load up on cheaper shares cuz they know some great drill results will be announced soon? OR What if management wants to drive the price down because South32 wants to buy the project, but at a cheaper price. South32 then 'takes care' of Silver Bull management because they were 'team players'. Pay SVB management off, and screw the shareholders, and South32 picks up a project on the cheap. For South32 to pay off SVB management, they would still be way ahead because of the share price tanking.... How could the share price get driven down? Hire some miners to form a coop and pretend to stage a blockade to shut the project down. To really know what is going on here, you'd have to speak Spanish and you'd have to talk with the miner's of the coop, even then, you might not get the truth. There is another way to play all of this......if the price sinks to a very low level, and I have no idea what that may be, maybe .05? Add more at that point. When, not if, this blockade is lifted, the price should bounce back, esp. if more good news is coming out. Normally, I don't like thinking like this, but in this case, given a certain investor (ES) has a stake in it and is keeping a very low profile with his association in the project, I wouldn't doubt for one minute that what I just described above is a possibility."
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"What most folks here don't know is that the last round of drilling that they completed was 900 plus meters away from their previous drill holes and that these drill holes were strategically placed on the fringes of what they believe is the meat and potatoes of the system. You have to ask yourself why they would do that? Well, they probably didn't want to see significant drill results like last year and have the share price go supernova. Why do you think they wouldn't want that to happen?? I tend to agree with the previous poster, a takeover is coming. Realty"
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"My gut tells me that this price is most likely held by S32. It is obvious to me that we will see takeover bid for the rest 30% shares. 20 cents.. most likely. "

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