Silver Bull Resources Inc (SVBL)

[basserdan]

Posted earlier today at Stockhouse:

NPV of Sierra Mojada is $1.2 Billion pre-tax

By LondonInvest
June 11, 2021 - 01:19 AM

If you recall the Preliminary Economic Assessment for Sierra Mojada, see link:

https://silverbullresources.com/news/silver-bull-completes-positive-preliminary-economic-assessment-for-the-sierra-mojada-project-coahuila-mexico/

At Silver $28/oz, Zinc $1.35/lb the PEA would show NPV = $1.2 Billion

Current Market Cap of Silver Bull = $40 Million

A 10-15% valuation to NPV would mean it goes to $3.50-$5.00.

I think just a long-deserved revaluation is taking place and an appreciation of resource.

Note all of this is only what has been discovered. South32 is around because the geology is the same as Wildcat Silver/Arizona Mining and they have confidence they will find the main ore body. In that case SVBL would be worth 10x current found resource. This is an option on silver with no expiration date and a major player who wants to be in their sandbox.

https://stockhouse.com/companies/bullboard/svbl/silver-bull-resources,-inc?postid=33370582