- Silver Bull Resources reported a loss of about $0.7 million in the second quarter, which is better than the second quarter a year ago.
- The company has a little less than a year's worth of working capital before it needs to go to the market assuming a constant rate of expenditures.
- As I argued in June the stock's appeal is in its silver price optionality, and its recent weakness reflects this.
- The Sierra Mojada Project continues to lack appeal at $19/oz. silver and $1.04/lb. zinc making it a poor investment (but again, an excellent speculation vehicle).