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SVL, SILVER MINES LIMITED
mullokintyre
post Posted: May 20 2020, 12:46 PM
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In Reply To: mullokintyre's post @ May 18 2020, 12:34 PM

And now up to 0.13.
Big chunk of buyers lining up, ratio of buyers to sellers now 2 to 1.
Never thought I would see that again.
Will probably bail some more if it gets to 14 and keep a small holding just in case.
Mick



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mullokintyre
post Posted: May 18 2020, 12:34 PM
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In Reply To: mullokintyre's post @ May 18 2020, 10:11 AM

Now up 20% on rather large volume.
Odd thing is, SVL don't actually poduce any Silver, they just talk about it a lot.
Can't argue with Mr Market though!
Sold some down, 30% in two days is too good to be true, but I'll take it.
Mick



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mullokintyre
post Posted: May 18 2020, 10:11 AM
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In Reply To: mullokintyre's post @ May 15 2020, 10:35 AM

Well, up another 15% today.
Chewing thru those guys at .115
Big bag of buyers queing up.
May well be a very pleasant day.
Mick



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mullokintyre
post Posted: May 15 2020, 10:35 AM
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Well, its surging now.
There was a big block of over a mill shares at .095.
Chewed them all up this morning, and now up 8% today.
It has been some time since the buy side was even close to the sell side, much less greater than sells.
Next block is 1.3 mill at.105.
After that I am looking to offload above 14.
Go silver!

Mick



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mullokintyre
post Posted: Feb 24 2020, 01:46 PM
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Silver in AUD is now above $28.00
Thought SVL may have gone for a ride on the back of the silver [rice riss, but seems stuck below 11.
Happy to wait for the next surge.
Mick



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mullokintyre
post Posted: Feb 19 2020, 02:52 PM
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well it went from .093 to 0.105, a nice 13% for the day.
When it closed at .093 last night, I put a buy order in at .095 fully expecting it to be filled on the open.
Went straight past me and opened .096 so missed out on the big scalp. And I thought I was being generous on the open at .095!
Mick



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nipper
post Posted: Feb 6 2020, 05:28 PM
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In Reply To: mullokintyre's post @ Feb 6 2020, 03:55 PM

if it goes from 10c to 10.5c you can make 5%. It's an interesting place to fish in; best spread in the business



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

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mullokintyre
post Posted: Feb 6 2020, 03:55 PM
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In Reply To: mullokintyre's post @ Jan 29 2020, 05:43 AM

SVL down below 10 cents again.
Huge numbers of sellers versus buyers.
Have got my buying finger poised, but hoping it goes down much further before the next risk off series of PM price rises.
Mick



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mullokintyre
post Posted: Jan 29 2020, 05:43 AM
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In Reply To: mullokintyre's post @ Jan 27 2020, 12:05 PM

SVL did go up 10 yesterday, will likely give it all back today, and then some.
Silver down 90 cents overnight.
Nothing changed in the market place except another "risk on" phase.
AUD did not follow Silver down, gold fell only slightly, but oil and other commodities were up.,
Seems like another paper market take down fpr silver
Mick



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mullokintyre
post Posted: Jan 27 2020, 12:05 PM
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Silver up strongly over the weekend to 18.30 USD
In AUD terms, it is 26.81.
Killer could be the overnight US paper market which may try to crush the price again.
The critical level will be the September 2019 high of 27.50, levels not reached since back in 2010.
SVL reached 0.15 back then.
Sitting at 0.105 now.
Chance for a trade INMHO.

Mick



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