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SVL had a pretty good drill result today.
http://www.asx.com.au/asxpdf/2010042...n2fl3b34x6.pdf
Do you follow this company, JB?
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 Originally Posted by macduffy
Not closely wish I did before announcement
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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Originally Posted by JBmurc
Not closely wish I did before announcement
Brought in on friday 10.5c really like the look of the resource SVL are exploring a reported 8m at 183 grams/tonne silver from its Webbs project in northern NSW. More drilling is planned for later in the month.
As many know I'm a major Silver Bull an I really believe the market will go nuts on silver plays again next year we silver breaks to new highs
Also looking at buying into NIP also has great drill results
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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go you good thing up 38% from under month ago purchase
FURTHER HIGH GRADE SILVER AT WEBB’S UP TO 100 OUNCES PER TONNE
Highlights:
�� Drilling at Webbs Main (adjacent to old underground mine) intersects high
grade silver (and base metals) in multiple holes.
�� Drilling is targeting previously untested near surface mineralisation.
�� Best intersections include;
• RC097 – 4m @823 g/t silver from 90m (incl. 1m @ 2095 g/t Ag)
• RC098 – 24m @ 316 g/t silver from 84m (incl. 1m @ 1600 g/t Ag)
• RC100 – 11m @ 635 g/t silver from 74m (inlc. 1m @ 3008g/t Ag)
�� The Company expects to report an updated resource estimate at the Webbs
Silver Project in the near future, which will include the new holes.
Silver Mines Limited (SVL) is pleased to announce that results from the current RC drilling
program at the 100% owned Webbs Silver Project have again intersected resource grade
silver‐rich polymetallic mineralisation adjacent to the historic underground mine. The
drilling is targeting previously untested near surface mineralisation.
Niton Handheld XRF results continue to intersect silver rich poylmetallic mineralisation and
demonstrates the potential to increase the existing high grade silver resources at the project
by including the Webbs Main Prospect, which was not included in the previous resource
estimate. These results, which follow on from high grade results previously announced,
continue to demonstrate that Webb’s has the potential to host significant high grade silver
resources amenable to open cut mining.
Drilling is continuing.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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great close at 15c with penalty room to move higher this week esp with 3.5mill vol of trading some major buyers keen to get on board some 6-7mill volume so far this week only round 1mill for sale to 20c ---more good results to come no idea how high it could go only tiny 12mill market cap Silver prices breaking out on the back of further high grade drill results a driver to 20-30mill market cap 18c-25c?
You holding Mac duff
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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silver just broke through $19oz--- SVL sitting on a mountain of a newly discovered large Silver resource Tiny market cap huge upside if Silver runs hard still good buying at 14.5
brought more myself today
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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SVL---19c up round 81% from late july
many silver miners getting attention of late -AYN,CCU,ARD
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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Yes very good Yankiwi think I first looked into SVL after Mac duff post on the 21-04 I didn't buy till 23-07 most companies I study an look into can come from many differnet sources an from more than one poster etc
Sold a Qtr of my SVL holding at 19c will hold the rest longer term
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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