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I hope that nutcase, CIAEYESANDEARS, who was posting that negative malarky backed his play and shorted SVBL... <g>
SVBL!
The CrimNakes and their Connected Cronies will be pulling every Dirty Trick they've got in their bag(s) to short-circuit this movement before it really gets out of hand.
This is the 2021 version of 1789. Louis XVI and Marie Antoinette thought they ".. had it under control" too, but then the Crowd stormed the Bastille.
That Crowd had torches and pitchforks; this Crowd has smartphones and Reddit.
Just as then..... heads will roll.
Hi-ho, Silver! Away!
The market moving power of amateur traders is continuing into the new week as the WSB/Reddit crowd turns their on sights silver after pumping up shares of GameStop (GME) and other heavily shorted stocks. COMEX silver prices are up 11.2% to $29.92/oz., the highest level since mid-August, following a 6% jump last week that boosted silver mining firms. On Friday, almost $1B already flowed into iShares Silver Trust (NYSEARCA:SLV), the world's largest ETF backed by silver, according to fund sponsor BlackRock (NYSE:BLK).
U.S. bullion broker Apmex has also disclosed a 1-3 day delay in processing silver transactions, while Money Metals and SD Bullion warned of unprecedented demand. Some on Wall Street were already positive on silver's outlook as part of a broad upswing in raw materials, with Goldman Sachs calling last week for a $30/oz. price target. Others, like analysts at Commerzbank, see the latest retail frenzy "not lasting all that long."
Premarket: First Majestic Silver (NYSE:AG) +40%, Pan American Silver (NASDAQ:PAAS) +17%, Coeur Mining (NYSE:CDE) +23%. Elsewhere, COMEX gold is up 1% to $1868.20/ounce, while palladium is 3.7% higher.
Bigger picture: This squeeze here is aimed at banks by forcing physical delivery of silver into vaults. The Silver Trust ETF is backed by physical silver, meaning the precious metal needs to be purchased when new investments are received. However, retail traders may find it harder to influence silver prices, compared to a single stock, given the large off-exchange market for the precious metal in which banks trade on behalf of clients.
Flashback: In 1979-80, the Hunt brothers attempted to corner the silver market by buying up one-third of the entire world supply (other than that held by governments). Within a year, the price for silver jumped 713% to a record high of $49.45 per troy ounce, but later collapsed in an event called "Silver Thursday." COMEX adopted "Silver Rule 7," which placed leverage restrictions on the purchase of commodities on margin, and the Hunt brothers had borrowed heavily to finance their purchases. (70 comments)
https://seekingalpha.com/article/4402389-wall-street-breakfast-hi-ho-silver-away
This could be it.... one of the Reddit'ers has discovered SVBL
This just in from Stockhouse:
https://stockhouse.com/companies/bullboard?symbol=t.svb&postid=32430629
salient paragraph :
Bullish engulfing candle on the weekly chart :
https://schrts.co/kyYppHdt
T-minus just a few more hours now, and counting.
SVBL!
The Reddit crowd is eager to see a silver short squeeze; when one of them spots this stock with its self-defining name .... it'll be GME on steroids.
SVBL!
Silver Bull Announces Maiden NI 43-101 Resource of 2.33 Million Ounces of Gold & 476 Thousand Tonnes of Copper in the “Indicated” Category, and 1.56 Million Ounces of Gold & 220 Thousand Tonnes of Copper in the “Inferred” Category at the Beskauga Copper-Gold Project in Northeastern Kazakhstan
Vancouver, British Columbia Jan. 28, 2021 – Silver Bull Resources, Inc. (OTCQB: SVBL, TSX: SVB) (“Silver Bull”) is pleased to announce its maiden Mineral Resource estimate on the Beskauga copper-gold project completed by CSA Global Consultants Canada Ltd (“CSA Global”). Highlights of the Mineral Resource report include:
* An open pit-constrained Indicated Mineral Resource of 207 million tonnes grading 0.35 g/t gold, 0.23% copper and 1.09 g/t silver for 2.33 million ounces of gold, 476.1 thousand tonnes of copper, & 7.25 million ounces of silver.
* An open pit-constrained Inferred Mineral Resource of 147 million tonnes grading 0.33 g/t gold, 0.15% copper and 1.02 g/t silver for 1.56 million ounces of gold, 220.5 thousand tonnes of copper, & 4.82 million ounces of silver.
* The constraining pit was optimised and calculated using a NSR cut-off based on a price of: $1,500/oz for gold, $2.80/lb for copper, $17.25/oz for silver, and with an average recovery of 81.7% for copper and 51.8% for both gold and silver.
Beskauga Resource: The Beskauga resource was estimated from 118 diamond drill holes, totalling 45,605.8 meters drilled between 2007 and 2017 by the private Swiss company, Copperbelt AG. Holes were drilled from surface using an HQ or NQ sized core diameter and varied in depth between 150m to 815m. The estimated Mineral Resource is shown in the table below.
Table 1. Pit-constrained Mineral Resource estimate for the Beskauga copper-gold project
Notes:
* An NSR $/t cut-off of $5.70/t was used, and the NSR formula is: NSR $/t = (38.137+11.612 x Cu%) x Cu% + (19.18 + 12.322 x Au g/t) x Au g/t + (0.07 + 0.0517 x Ag g/t) x Ag g/t
* The NSR formula incorporates variable recovery formulae. Average copper recovery was 81.7% copper and 51.8% for both gold and silver.
* Metal prices considered were $2.80/lb copper, $1,500/oz gold and $17.25/oz silver.
* The Resource is stated within a pit shell that considers a 1.25 factor above the metal prices.
* Mineral Resources are estimated and reported in accordance with the CIM Definition Standards for Mineral Resources and Mineral Reserves adopted 10 May 2014.
* The Mineral Resource is not believed to be materially affected by any known environmental, permitting, legal, title, taxation, socio-economic, marketing, political or other relevant factors
* These Mineral Resources are not Mineral Reserves as they do not have demonstrated economic viability.
* The quantity and grade of reported Inferred Resources in this MRE are uncertain in nature and there has been insufficient exploration to define these Inferred Resources as Indicated or Measured; however, it is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.
In order to address the potential for eventual economic extraction in an open pit context, the reported Mineral Resources fall within an optimized Lerch-Grossman pit shell that uses a gold price of US$1,500/oz, a copper price of US$2.80, and a silver price of US$17.25 with an average recovery of copper at 81.7% and gold and silver of 51.8%.
Pit walls are set at 42 degrees in the overburden and 45 degrees in the hard rock. Mining costs were assumed to be US$1.00 in overburden and US$1.50/tonne in the hard rock and processing costs were assumed to be US$5.70/tonne. To determine the $/t value of the rock the following calculation was made:
NSR $/t = (38.137+11.612 x Cu%) x Cu% + (19.18 + 12.322 x Au g/t) x Au g/t + (0.07 + 0.0517 x Ag g/t) x Ag p/t
Mineral resources were estimated by Ordinary Kriging using Micromine modeling software in multiple passes using 20 meter X 20 meter X 20 meter blocks as the SMU size. Blocks have been classified as Indicated or Inferred Mineral Resources.
The Mineral Resource was estimated by Serik Urbisinov, a Principal Resource Geologist for CSA Global, who is an independent Qualified Persons as defined by National Instrument 43-101. The full Technical Report will be filed onto the SEDAR website within the next 45 days.
Mineralization and geology: The Beskauga deposit is interpreted to be a copper-gold porphyry. Pyrite, chalcopyrite and tennantite are the dominant sulphide minerals at Beskauga, with smaller amounts of bornite, chalcocite, enargite, and molybdenite, with magnetite and hematite, also described. Sulphides occur as fine-grained disseminations as well as in stockwork veins and veinlets, associated with an elongated granodiorite porphyry intrusion. The grade of the copper and gold are highly correlated.
At surface, the deposit is covered by a 30 to 40 meter thick layer of recent sediments and remains open in all directions including at depth, with many of the drill holes terminating in mineralization. The chemistry and mineralogy of the mineralization defined thus far suggests the present resource is still in the upper part of the mineralizing system. The deposit has not benefited from detailed geological study and modelling which presents an opportunity to optimize extension targeting and definition of additional resources.
Figure 1. Surface projection of the Beskauga deposit showing the gold and the copper cut-offs. Also shown is the outline of the Lerch-Grossman conceptual pit.
Infrastructure: The Beskauga deposit has excellent infrastructure. All operations are based out of the nearby mining town of Ekibastuz, which services the largest coal mine in Kazakhstan and provides a highly trained workforce for Silver Bull to draw upon. Paved road access, 1100 KVA power lines and heavy rail all lie within a 25 kilometer radius of the project. The capital city of Nur-Sultan, located approximately 300 kilometers along a double lane highway from the project, has a major international airport allowing for easy access and administration of the Beskauga project.
Figure 2. Map showing the location of infrastructure near the Beskauga deposit. The project is based out of the nearby mining town of Ekibastuz.
Tim Barry, President, CEO and director of Silver Bull states, “We are extremely pleased with this first NI 43-101 resource estimate at Beskauga. We believe the Beskauga project represents one of the best exploration opportunities in the world and we see significant opportunity to expand the current resource. We also believe there is considerable exploration potential in the wider region for both copper and gold and expect to have a pipeline of projects and associated news coming in from both the Beskauga Project and the wider area during 2021.
This year is shaping up to be an exciting one for Silver Bull. Presently, we are compiling the significant Soviet-era historical information in the region as well as building a team in-country. We expect to commence our on the ground exploration program at the beginning of the second quarter of this year.”
About Kazakhstan
Size: Kazakhstan is the ninth largest country in the world, covering 2,717,300 square kilometers, and has a population of 18.2 million people.
Capital City: The capital city is Nur-Sultan which is located 300 kilometers from the project. Nur-Sultan has a major international airport allowing for easy access and administration of the Beskauga Project.
Mining Law: Kazakhstan adopted a new mining code titled “Code on Surface and Subsoil Use” (the "SSU Code") on December 27, 2017, and became effective on June 29, 2018. The SSU Code is based on the Western Australian model where Kazakhstan moved from a contractual regime to a licensing regime for solid minerals (except for uranium). Coincident with the updated SSU law, the Kazakhstan government also reduced a considerable amount of the administrative burdens for subsoil users.
Tax: A summary of pertinent taxes related to exploration in Kazakhstan is as follows:
* 20% corporate tax
* 12% value-added tax (VAT) is refundable for exploration companies
* 4.7% royalty for copper
* 5% royalty for gold and silver
Geological Prospectivity: Kazakhstan is one of the most prospective countries in the world for a number of metals. According to the United States Geological Survey (USGS) Kazakhstan is:
* 1st in the world for uranium production (41% of world output)
* 2nd in the world for chromite production (18% of world output)
& 4th in the world for titanium production (6% of world output)
* 10th in the world for copper production
In addition, Kazakhstan has significant proven reserves (as yet unmined) of gold, silver, lead, zinc, tin, iron ore, nickel, cobalt, and bauxite.
The Fraser Institute Annual Survey of Mining Companies in 2017, ranked Kazakhstan the 24th best mining jurisdiction in the world.
About Silver Bull: Silver Bull is a mineral exploration company whose shares are listed on the Toronto Stock Exchange and trade on the OTCQB in the United States, and is based out of Vancouver, Canada. In addition to the Beskauga deposit, Silver Bull also owns the Sierra Mojada Project in Northern Mexico which is currently under a joint Venture with South32 Ltd.
About the Sierra Mojada deposit: Sierra Mojada is an open-pittable oxide deposit with a NI 43-101 compliant Measured and Indicated "global" Mineral Resource of 70.4 million tonnes grading 3.4% zinc and 38.6 g/t silver at a $13.50 NSR cutoff giving 5.35 billion pounds of zinc and 87.4 million ounces of silver. Included within the "global" Mineral Resource is a Measured and Indicated "high grade zinc zone" of 13.5 million tonnes with an average grade of 11.2% zinc at a 6% cutoff, giving 3.336 billion pounds of zinc, and a Measured and Indicated "high grade silver zone" of 15.2 million tonnes with an average grade of 114.9 g/t silver at a 50 g/t cutoff giving 56.3 million ounces of silver. Mineralization remains open in the east, west, and northerly directions. Approximately 60% of the current 3.2 kilometer mineralized body is at or near surface before dipping at around 6 degrees to the east.
The technical information of this news release has been reviewed and approved by Tim Barry, a Chartered Professional Geologist (CPAusIMM), and a qualified person for the purposes of National Instrument 43-101.
On behalf of the Board of Directors
"Tim Barry"
Tim Barry, CPAusIMM
Chief Executive Officer, President and Director
INVESTOR RELATIONS:
+1 604 687 5800
https://www.silverbullresources.com/news/silver-bull-announces-maiden-ni-43-101-resource-of-2.33-million-ounces-of-gold-476-thousand-tonnes-of-copper-in-the-indicated/
<<<Well, basserdan - got to hand it to you, Im the fool and the liar that is completely delusional. Managements honesty is impeccable and not to mention top notch. SVBL/SVBLD is going to make you "richer than rich"
Peter James Larsen - Deputy U.S. Marshal>>>
I'm glad you decided to 'own up' to making "delusional" comments about Silver Bull that you have been posting on IHub...
While searching your posting history, I came across your personal message board (linked below) and was astonished to see the following content on that board's IBox:
"Greetings, my name is Peter James Larsen - I am a United States Deputy Marshal. At the same time, I am also the richest man on the planet. I invented the internet and make money collecting royalties off industrial patents. If at any time you have a legitimate complaint about a listed company I may be able to help you if it is a criminal matter here in the United States. What you need to realize is that pink sheet and grey sheets are not listed on an exchange that can be regulated by United States Law enforcement easily. They are completely unregulated and frought with fraud so your best bet is NOT to ever place your money in either a pink sheet or grey sheet company.
Welcome to my message board - I am your connection to law enforcement in The United States on ihub."
https://investorshub.advfn.com/Deputy-US-Marshal-Peter-James-Larsen-BUSTED-38947/
Have a nice day...
Well, basserdan - got to hand it to you, Im the fool and the liar that is completely delusional. Managements honesty is impeccable and not to mention top notch. SVBL/SVBLD is going to make you "richer than rich"
Peter James Larsen
Deputy U.S. Marshal
<<<If its news released on a website and not through an actual newswire then how reliable is it??>>>
You need newswire references? No problem!
Here's three for your perusal and believe me, there's many more out there if you care to lQQk!
1) https://www.globenewswire.com/news-release/2021/01/26/2164750/0/en/Silver-Bull-Announces-the-Closing-of-the-Option-Agreement-to-Acquire-the-Beskauga-Copper-Gold-Project-in-Kazakhstan.html
2) https://www.juniorminingnetwork.com/junior-miner-news/press-releases/964-tsx/svb/91938-silver-bull-announces-the-closing-of-the-option-agreement-to-acquire-the-beskauga-copper-gold-project-in-kazakhstan.html
3) https://finance.yahoo.com/news/silver-bull-announces-closing-option-230000723.html?.tsrc=fin-srch
<<<I own half of this company - not so fast!!>>>
You're so full of crap, nutso, Silver Bull (2 words) CEO, Tim Barry (who, if you will recall, I asked you via PM to call or Email) said
to me in an email:
"He claims he’s the largest shareholder with 14.8M shares - I can confirm that there is no single shareholder with over 6 million shares – let alone 14.8M shares."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161086693
"He claims he owns all his shares through Citibank - I am very aware where our shares sit and I can confirm that Citigroup does not manage/hold any significant shares."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161086693
and FYI, I compiled a list of some of the other BS claims that you've posted here and other IHub boards and sent it to Tim Barry, Silver Bull's (two word's) CEO.
This is his reply to me to that list:
If its news released on a website and not through an actual newswire then how reliable is it?? I own half of this company - not so fast!!
Im hearing completely different things than this feel-good "fake news". This company is incorporated in the United States - what country is the company bank account in and where is the company treasurer???? Just a few questions to ask yourselves up in another country called Canada.
Peter James Larsen
Deputy U.S. Marshal
https://www.ciaeyesandears.com
Silver Bull Announces the Closing of the Option Agreement to Acquire the Beskauga Copper-Gold Project in Kazakhstan
Vancouver, British Columbia Jan 26, 2021 – Silver Bull Resources, Inc. (OTCQB: SVBL, TSX: SVB) (“Silver Bull”) is pleased to announce it has completed its due diligence and has closed on the option agreement with Copperbelt AG (“Copperbelt”), a public, non-listed mineral exploration company registered in Zug, Switzerland, regarding their 100% owned Beskauga copper-gold project located in northeastern Kazakhstan.
Highlights of the Agreement
* With the closing of the deal Silver Bull has paid Copperbelt a total of US$70,000 in upfront fees.
* Silver Bull has four years to conduct exploration on the property. Exploration expenditures on Beskauga and certain other licenses required to keep the option in good standing are US$2 million in year one, US$3 million in year two, US$5 million in year three and US$5 million in year four, for a total exploration spend of US$15 million over four years.
* After completing US$15 million in cumulative exploration expenditures Silver Bull can acquire the Beskauga property for a US$15 million cash payment.
* Copperbelt may receive a bonus payment of up to US$32 million should Silver Bull publish a Bankable Feasibility Study (“BFS”) with a resource of up to 10 million gold equivalent ounces on the main Beskauga prospect and 5 million gold equivalent ounces on an additional prospect. 20% of the bonus is payable 60 days after publishing a BFS, with the remaining 80% payable on the commencement of mine construction. Up to 50% of the bonus is payable in common stock of Silver Bull at Silver Bull’s election.
* Silver Bull will pay a finder’s fee to a third party upon the satisfaction of certain conditions.
Tim Barry, President, CEO and director of Silver Bull states, “We are extremely pleased to close this agreement with Copperbelt. We believe the Beskauga copper-gold project represents one of the best exploration opportunities in the world. The high quality work that has been completed on the project to date indicates that Beskauga is a huge mineralizing system that has considerable upside that has yet to be explored. We will be working closely with our partners from Copperbelt to quickly and efficiently explore these areas. In addition to the exploration potential at Beskauga, the project has excellent infrastructure.
Paved road access and, 1100 KVA power lines, heavy rail, and a highly trained workforce all lie within a 10 kilometer radius. The capital city of Nur-Sultan, located approximately 300 kilometers from the project, has a major international airport allowing for easy access and administration of the Beskauga project.
As a mining jurisdiction Kazakhstan is fast becoming a “go to” place due to its recently updated mining law and incredible geological prospectivity. In June 2018 the Kazakhstan government implemented a new mining code based on the mining code used in Western Australia and has reduced a considerable amount of the administrative burdens for subsoil users. Unlike many governments around the world today, the Kazakh government is very supportive of the mining sector, a view which is highlighted by the fact that numerous major mining companies have recently set up an office in the country and acquired exploration licenses. We expect to provide more details about the Beskauga project itself in the coming months.”
About Kazakhstan
Size: Kazakhstan is the ninth largest country in the world, covering 2,717,300 km2, and has a population of 18.2 million people.
Capital City: The capital city is Nur-Sultan which is located 300 kilometers from the project. Nur-Sultan has a major international airport allowing for easy access and administration of the Beskauga project.
Mining Law: Kazakhstan adopted a new mining code titled “Code on Surface and Subsoil Use” (the "SSU Code") on December 27, 2017, that became effective on June 29, 2018. The SSU Code is based on the Western Australian model where Kazakhstan moved from a contractual regime to a licensing regime for solid minerals (except for uranium). Coincident with the updated SSU law, the Kazakhstan government also reduced a considerable amount of the administrative burdens for subsoil users.
Tax: A summary of pertinent taxes related to exploration in Kazakhstan is as follows:
* 20% corporate tax
* 12% value-added tax (VAT) is refundable for exploration companies
* 4.7% royalty for copper
* 5% royalty for gold and silver
Geological Prospectivity: Kazakhstan is one of the most prospective countries in the world for a number of metals. According the United States Geological Survey (USGS) Kazakhstan is;
* 1st in the world for uranium production (41% of world output)
* 2nd in the world for chromite production (18% of world output)
* 4th in the world for titanium production (6% of world output)
* 10th in the world for copper production
In addition, Kazakhstan has significant proven reserves (as yet unmined) of gold, silver, lead, zinc tin, iron ore, nickel, cobalt, and bauxite
The Fraser Institute Annual Survey of Mining Companies in 2017, ranked Kazakhstan the 24th best mining jurisdiction in the world.
Sierra Mojada Update
Silver Bull’s Sierra Mojada project remains under an illegal blockade organized by a Cooperative of local Miners called Sociedad Cooperativa de Exploración Minera Mineros Norteños, S.C.L. (“Mineros Norteños”).
Due to COVID-19 the Mexican court system remains closed and the timing of reopening is uncertain. In an attempt to force Silver Bull into making a settlement, Mineros Norteños has blocked access to the project since September 2019. To ensure the safety of all involved, Silver Bull has elected to halt all operations on the project until a resolution can be found.
The joint venture option with South32 remains in good standing but under a force majeure pause.
About Silver Bull: Silver Bull is a mineral exploration company whose shares are listed on the Toronto Stock Exchange and trade on the OTCQB in the United States. Silver Bull owns the Sierra Mojada project which is located 150 kilometers north of the city of Torreon in Coahuila, Mexico, and is highly prospective for silver and zinc. Sierra Mojada is currently under a joint venture option with South32 International Investment Holdings Pty Ltd.
On behalf of the Board of Directors
"Tim Barry"
Tim Barry, CPAusIMM
Chief Executive Officer, President and Director
INVESTOR RELATIONS:
+1 604 687 5800
info@silverbullresources.com
https://www.silverbullresources.com/news/silver-bull-announces-the-closing-of-the-option-agreement-to-acquire-the-beskauga-copper-gold-project-in-kazakhstan/
Silver Bull Announces the Closing of the Option Agreement to Acquire the Beskauga Copper-Gold Project in Kazakhstan
Tue, Jan 26 at 6:00 PM Via e-Mail:
it seems you have the wrong company
Go ahead and remove them - you are the one that is caught. You can lie about it all you want and remove the truth from the massage board. That is how criminals operate anyway.
The name of the company is Silverbull (one word) not Silver Bull ( two words)
SVBLD is gone - it was a pink sheet.
<<<Management has the same problem - they have been cooperating with a criminal syndicate out of Chicago.>>>
Are you nuts or what?
Send a link to that assertion or your post(s) will be removed.
<<<Is the name of this company not Silverbull (one word) and not Silver Bull (two words)??>>>
It's two words if you omit "Resources" and "Inc."
Recent News:
2020-12-23:Silver Bull Announces Voting Results Of Special Me... more
2020-12-15:Silver Bull Announces Postponement of Special Meet... more
2020-12-10:Silver Bull Reminds Shareholders of the Special Me... more
https://www.silverbullresources.com/
Management has the same problem - they have been cooperating with a criminal syndicate out of Chicago. Siverbull Resources reads Silver Bull Resources on the company website.
https://www.silverbullresources.com/
SVBLD was removed from trading today. It was a pink sheet shell game. We do have the goods on these "Moose pasture perps" here in the United States and Canada. Canadian authorities are investigating things as I write this on ihub.
Sprott and me both voted to replace management - Im an investment banker and I own a bank. I may consider taking over the CEO position myself to steward the company into production. I have the deepest pockets on the planet - me and my wife are the richest couple on the planet. You wont see me on a Forbes list or anywhere else. Its all personal income - I invented the internet and get paid through industrial patents in my social security card number. Im sure you probably think its a load of manure that someone like me would be on an ihub message board or involved in this company but Im as honest as they come.
SVB is still trading at .78
I see. Well, unfortunately, sheer stupidity isn't a crime, so I'll presume you have "the goods" on these Moose Pasture Perps in some actionable way. In the right hands, this Company is a potential gold mine. ( Malapropism intended. )
I am actually the largest shareholder - I own 14,841,843 shares which is 50.23% of the float. I own as much as can be owned according to U.S. securities laws. I have the people I do my investment banking with through Citigroup handling the situation. We showed up at the shareholders meeting in December to get a handle on these dirtbags. Criminal charges are being pursued here in the United States and in Canada. Incidentally, Im also a Deputy U.S. Marshal.