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Gold/Mining/Energy : Silver Bull Resources, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: roto who wrote (4947)2/7/2013 11:50:22 PM
From: FreedomForAll2 Recommendations  Read Replies (1) | Respond to of 5637
 
A reverse split would be death to this stock, and I will immediately sell upon any such insane announcement.



To: roto who wrote (4947)2/13/2013 5:36:25 PM
From: marcos2 Recommendations  Read Replies (1) | Respond to of 5637
 
The term 'advancement' is pretty general i think, applies to anything that brings a minerals project further along in development ... and i've always seen mmg/svbl as a developer, meaning [to me] that it's advancing a known orebody, greatly expanding the drilled-off 43-101 official extent of it, yes, but it's not strictly 'exploration' because the odds of drilling off more extent of it can be surmised to be great, from known data ... but hmm, not sure i'm expressing this well, and maybe not clear on definitions of these expressions

In a later post you mention Anglo, yeah that was the big hit when they dropped zinc, quite a surprise since they had done very well on Skorpion ... Merlin had a book that was written on that project, really well done, hundreds of fotos, graphs, diagrams, full narrative with costs and timetables documented, it was like a blueprint for doing it again, with necessary alterations, and the GTI people who had done it were onside ... beautiful, then there was the silver for a kicker, less then than now, but it was always figured that more would be drilled off in the shallow

Now there's Coeur ... wonder how much of the 40-cent paper they'll take down this time

Reverse splits are the effects of trouble much more than their cause, the main damage has usually been done by the time shs get rolled back, as it surely has here ... but i don't see why they would need to do a rollback, the one happy story i had today was clq.to which has over a third of a billion outstanding, and zero silver, in fact precious little that you'd worry about dropping on your foot, yet has a fairly compelling chart and story ... but if they did do a rollback, it had better be one for ten, simply move the decimal point and no dicking around with odd numbers ... doubt they will though

Well i'm holding more svbl now, filled in several accts this week, none towards the low, didn't see that .30 print coming, aargh ... four and a quarter years ago i was buying at .13, then it punched to .11 or some foolish thing, maybe should stay primed for the double bottom there ... it's just an intensely cyclical industry, periods of euphoria when they're throwing money at you for anything at all, longer times when you couldn't finance a new handle for your pick, it's useful to remember the opposite experience when you're in the other ... is management screwing up? - i dunno, might be wise to look around at some of the other stories out there, similar scenarios, quite a few worse off, think i'll reserve judgment, and be thankful that Sierra Mojada is not in the Yukon