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Re: jsc52033 post# 1060

Wednesday, 06/03/2020 1:51:54 AM

Wednesday, June 03, 2020 1:51:54 AM

Post# of 1374
I have SVL.ASX which is one of very few silver plays on the ASX. They are sitting on one of the largest silver resources in the Asian Pacific region. Not really viable at current prices, but if silver continues to go up they have an already proven resource with an economic study finished. IMO a likely takeover candidate by one of the major silver miners.
Another interesting story is an exploration story developing in Alaska, which you can participate in via ASX old TSX.
Northern Star, 11 biggest goldmine in the world bought the Pogo mine 2-3 years ago and had some really good exploration drilling with good grades.
Now the NST tenements are completely surrounded by TSX.MROs claim. MRO outsourced the drilling in 20 Mio. deal to ASX.RML.
First round is to drill 6 holes, first found some gold, but very low grade so not exactly a hit, due to the Corona shutdown they stopped, but just 2 days ago drilling continued. This is a story to watch over the coming weeks and months IMO.
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