SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Silver Bull Resources, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: LoneClone who wrote (5207)5/7/2015 10:07:57 PM
From: Mustang GT2 Recommendations

Recommended By
bear 164
longz

  Read Replies (1) | Respond to of 5637
 
I've been around since MMG days in '07. I don't think "MMG" now "SVBL" was ever in the game to be a producer in itself, I think the plan was always to prove it had the goods, find a buyer, and sell. Isn't that correct?

Now it appears that SVBL has doubled the amount of Zinc to be found to some 4 BILLION pounds and on the Silver, it used to be 160 Million ounces and I am not sure what the new report says? More Silver? Less Silver? A change in the purity levels makes it less?

In the old days the presence of Silver was viewed as a "credit" on the Zinc, another "income stream" to offset the production expense of the Zinc. Then SVBL moved in, and put Silver in the forefront. Sadly (more than weak term) Silver has been manipulated for years and it has not bloomed. So Zinc has been brought in to the lead again.

So here we are now, 2015, eight years later, for me anyway, and I have been posting articles by Ted Butler a well known Silver person that Silver's time is coming, and he thinks it is coming soon which is a loose term. And we are now being told that Zinc's time is coming (price wise) because current mines/sources are drying up and closing which shall escalate Zinc's value! We now have two forces that say SVBL's holdings should be a valuable commodity to a Zinc producer.

Now, can a "producer" put in action production and shipping facilities in Sierra Mojada for Zinc with Silver as a by-product? Would he move equipment from a location where Zinc is depleted? Would he get the equipment built new in place? Can he do this infrastructure overnight? Zinc's demand is building, its value is increasing, Butler says Silver value is going to increase exponentially, one might think there should be serious efforts by a "producer" to obtain the property to build out production, to be ready for the upcoming demand.

In an announcement some months ago was it not said that there were several interested parties in obtaining Sierra Mojada? Hope those folks are looking into the future! Because they can't build out the facility overnight would it not be prudent to get this sucker going?!