SVL
- Thread starter Andy28
- Start date
It's tough for miners in NSW. It's almost the case that buying shares in any mining operation in NSW is a no-go for investors.
Real $ Return
Well-Known Member
Sometimes the speculation is worth it and can make some $...if timing is right and maybe bit of luck
Sometimes the speculation is worth it and can make some $...if timing is right and maybe bit of luck
Yep, weigh up the options and alternatives available in more "investment friendly" jurisdictions.
Real $ Return
Well-Known Member
Agreed Oz
but all relative...if bought in 2020 it was around 9cents earlier this year up to 22 not huge gain but a lil $ made if timed, And its a loss for sure but a "paper" one and none realised unless panic and sell Friday stock ate it big time but Desposit still there and if like some believe theres a shortage or were eating up reserves then one day that Sweet silver will be needed. Our physical was much higher while back but has dropped too...not gold but which i favour held its ground yet again n risen but our Ag beaten back down...still both up over time. Again relative but depending on what chart n times were looking at. These times and not much work have eaten up lotta my spare cash but physical gold has maintained imo purchasing power and always element of security so its worth risk if financials of company sound and resource owned and relatively secure, but thats just my amateur ignorant opinion safety 1st and insurance then some smaller gambles that can pay off as $ i earn is going no where fast
Filthy hippies!renewables
but 13kms is to much here.
snip
https://nswmining.com.au/news/opini...wnsville-when-she-should-have-gone-to-orange/
A solar farm of 120 sq km would cover say an area 10 km wide by 12 km long. How many tonnes of raw minerals would have to be mined to create that infrastructure? Cables, panels, ground mounts, fences, electrical circuits and gizmos, fuel... Be interesting to see the ROI and how long before it is expected to turn a profit or at least a "saving" measured in both $ and CO2 emissions.
On a side note, Townsville would just be "token" bush for the duration of the summit surely?
Real $ Return
Well-Known Member
So much of the bullshit news find sickening lately,corrupt and built upon false truths and supposedly values of virtuesnip
https://nswmining.com.au/news/opini...wnsville-when-she-should-have-gone-to-orange/
A solar farm of 120 sq km would cover say an area 10 km wide by 12 km long. How many tonnes of raw minerals would have to be mined to create that infrastructure? Cables, panels, ground mounts, fences, electrical circuits and gizmos, fuel... Be interesting to see the ROI and how long before it is expected to turn a profit or at least a "saving" measured in both $ and CO2 emissions.
On a side note, Townsville would just be "token" bush for the duration of the summit surely?
Saw that the local elders and community had no real objections most were supportive. Majority of our countries economy based on mining...but have to make sure right people paid 1st. Justification for one project even though can be much more destructive supported while others fall off. Dont know enough mate but until theyre producing good product and profits speculation and gamble, SVL has good desposit but been sitting on it for years. If Physical price rises enough n demand climbs maybe then theyll get the go ahead...and approval without road blocks. Theres others like Arafura ARU endorsed by Rhinehart and given $ by government also along with others that got eye on...Will government support mean less of a gamble and commit to project. Who bloody knows system is fickle and can pull cash and profit anytime they please and someone holds the bag, rather gold then dogshit but amateur research,timing and luck im not smart enough for much else. Hoping physical provides security somewhat like it has and growth over time, in between worth abit of a gamble...better then the lottery?
Real $ Return
Well-Known Member
So...basically this stock seems to be profitable for traders trading swing action, silver swingers? 
back down to 9cents and looks like Rick Rule has pulled funding and theyve diluted the shit outta the already weak stock. A big blow dealt when court ruled against earlier in year and today another 20% drop 
while its pos thats (piece of shit) not price of silver im gonna keep buying it will rise once mania strikes again and silver reaches mainstream hype. Come on Motely Fool pump this mofo and lets cash in or out the chips haha. Will they ever unearth this deposit? if silver does go to decade ago rise again then theres hope, this stock was in the $ now in low cents. Used to play pokies n lottery now this is lil more interesting with slightly-just better odds
back down to 9cents and looks like Rick Rule has pulled funding and theyve diluted the shit outta the already weak stock. A big blow dealt when court ruled against earlier in year and today another 20% drop while its pos thats (piece of shit) not price of silver im gonna keep buying it will rise once mania strikes again and silver reaches mainstream hype. Come on Motely Fool pump this mofo and lets cash in or out the chips haha. Will they ever unearth this deposit? if silver does go to decade ago rise again then theres hope, this stock was in the $ now in low cents. Used to play pokies n lottery now this is lil more interesting with slightly-just better odds
Real $ Return
Well-Known Member
Agreed mate its a dog stock dont think there really that interested in actually digging out resource, mostly bought low then sold as swing when reaches higher. Still but very long shot gamble only few pureplay miners so if when price increase and hype returns possiblity of climb like before. Well played