Value Microcaps Junior Miners

[dr_airtime]

SVBL/SVB.TO - anyone have thoughts?

Took a speculative position here. They are down to $400k in working capital which is reason it has barely moved off the lows. That was also at Dec 31, 2015 so now less. Despite that, the silver market's speculative juices are sloshing about and I am hoping there can be a jump before they need to finance.

The 11% high grade zinc zone in new resource estimate is nice, though they only anticipate recovering 41% of that. This is a play on higher silver and zinc prices of course.

I also figure since SVB.TO is trapped any of the Senior or Intermediate producers could come in with a hostile 200%+ premium using their inflated share price to acquire any day now.

Basserdan - you posted on this one for ages. Any thoughts here if underwater cornerstone investors could step in with somewhat non-dilutive financing mechanism? (Maybe a Sprott Loan if Sprott into this one at all).

Thanks in Advance.