SVL.ASX is Australian based Silver Mines Limited and MRO.TSX.V is Canadian based (Venture Exchange) Millrock Resources.
But I would strongly advise to research them properly and not just jump into them, because I recommended them.
See, I have been investing for over 20 years in mining stocks and lost a lot of money especially in the early years. Since then I learned a lot (the hard way) and now have a portfolio strategy in play, which I think is far superior to only investing in high risk/possibly high reward stocks.
A precious metals portfolio should IMO consist of:
1.the physical metals themselves (gold and silver)
2.Some big producers with low production cost
3.Some smaller junior producers and only then and only a small percentage of the overall portfolio in
4.Some highly speculative stocks
Going all into some small explorers is a very risky strategy and has a high probability of loosing money.
I know its tempting, because we may very well be at the beginning stages of a major bull market, with all the money printing and debt explosion going, but nevertheless, one never knows what the future will bring.
I do think that Golden Minerals is a good bet (near term producer, no debt, several project with very low Capex, even now some small cashflow)
Silver Mines Ltd has a proven resource, but of course this company is highly dependent on the price of silver.
Millrock is an explorer and while I think one of the better ones out there, because I am a longterm Northern Star Resources (ASX:NST) investor, so I do know about the Pogo property and I think success over there for Millrock has a nice risk/reward ratio, but failure is still a possibility.
So only invest money you are prepared to loose, believe me I lost plenty in my career as a mining investor and most of the money I made were only these last years, when I had gained a lot experience over time.
I am from Germany, since I just registered with ADVFN yesterday I think I can only post 3 times a day, so this will probably be my last post for today.
