SVL 2.02% 9.7¢ silver mines limited

Volumes are big enough, it is unfortunate Blackrock is getting...

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  1. 2,125 Posts.
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    Volumes are big enough, it is unfortunate Blackrock is getting out, retail will think some thing is wrong with this co, the only hope is POS going up now, I am sure over next few weeks we will see higher silver prices.I am fully invested here, will see this one through one way or the other.
    I hold 53 scrips in my PF, so it does not matter to me if a few scrips go to zero also. Why I am saying this is, we can never control all these things, our only protection is work with a proper position sizing and invest only money we can afford to lose in any particular scrip.

    Having said all that, I am extremely bullish on SVL for the long term. Many times funds exit at the bottom of the market, this may be one such instance. There is no great negative news on the horizon, worst case the resources may not increase so much in the next ann.That is ok. With 80 km strike length, a new discovery well below the existing deposit, we are on sound wicket for the long run.
 
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Last
9.7¢
Change
-0.002(2.02%)
Mkt cap ! $149.2M
Open High Low Value Volume
9.9¢ 10.0¢ 9.7¢ $427.0K 4.346M

Buyers (Bids)

No. Vol. Price($)
6 549082 9.7¢
 

Sellers (Offers)

Price($) Vol. No.
9.9¢ 31656 1
View Market Depth
Last trade - 16.10pm 03/12/2024 (20 minute delay) ?
SVL (ASX) Chart
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