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SAN FRANCISCO, CA–(Marketwired – September 05, 2017) – Ron Struthers, editor of Struther’s Resource Stock Report, profiles a zinc company that he is bullish on.
Company included in article: Silver Bull Resources Inc.
Silver Bull has a significant and growing silver deposit at 90 million ounces, but if we just ignore that and look at the at 4.670 billion pounds of zinc grading 3.6% and compare to other public Zinc companies. A few highlights on Silver Bull Resources Inc. below:
- The number one metal on the Major Miner’s shopping list is zinc and Silver Bull has to be on or near the top of that list.
- Silver Bull’s Sierra Majada in Mexico has a lot of silver at 90 million ounces Measured and Indicated, but more so zinc with 4.67 billion pounds.
- At today’s metal prices the silver is worth about $1.5 billion and the zinc $6.5 billion.
- The best part is the company only scratched the surface as these 90 Moz silver and 4.67 billion pounds zinc are in the near-surface oxide material that can be mined via open pit. It only just begun to explore the deeper and probably richer sulphides of the deposit.
You can see by SVB’s results that we are looking at very high-grade material and it is quite common in this district. Historically, district ores have been selectively mined, mostly by Penoles and Asarco for high grade to be direct shipped to smelters. There has never been a mill in the district to concentrate lower grades.
This should turn out to be a very attractive takeover target. . .
Continue reading this article: Zinc: The Bulls Are Circling and Major Miners Are Hungry
About Streetwise Reports/The Gold Report
Investors rely on The Gold Report to share investment ideas for the precious, base and critical metals sector. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
The following companies mentioned in this article are sponsors of Streetwise Reports: Silver Bull Resources Streetwise Reports does not accept stock in exchange for its services.
The full disclosure is provided at the end of the published article: Zinc: The Bulls Are Circling and Major Miners Are Hungry
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Tue, 05 Sep 2017 13:00:00 GMT