Starvest Share Discussion Threads

[telbap] 27/11/2020 09:38

Nice bump, finally my very underwater holding is starting to look less red!Need 25p to be in a little profit here

[srpactive] 27/11/2020 08:44

Trying to buy here and they will only let me buy 100 pounds worth.

[rose_by_another_name] 26/11/2020 17:37

Like the way you think.

[zedder] 26/11/2020 15:39

I'm looking forward to GGP getting taken out with a 30p+ bid.

That alone would be worth 42.7p per SVE share. If half of that was returned as cash special dividend you could get back more than you invested and still have shares in a portfolio valued at £13m+.

[zedder] 26/11/2020 15:39

That's a 36k share top-up for me at 17.48p.

With AAU at 5.2p and GGP at 23.25p NAV/share is 35.7p so that's a discount of over 50%.

[zedder] 26/11/2020 14:50

I'm looking forward to GGP getting taken out with a 30p+ bid.

That alone would be worth 42.7p per SVE share. If half of that was returned as cash special dividend you could get back more than you invested and still have shares in a portfolio valued at £13m+.

[zedder] 26/11/2020 14:13

That's a 36k share top-up for me at 17.48p.

With AAU at 5.2p and GGP at 23.25p NAV/share is 35.7p so that's a discount of over 50%.

[telbap] 26/11/2020 11:21

It will bump once GGP/NC release scally/mre/next hav drill update 8/12/20 is the AGM for GGP, I am sure they will have scally results by this time and if NC follow last years pattern they will bring their update forward to come online with our AGM, if not then it will be one week later. So between 12 & 19 days to go.

[jerseymike] 24/11/2020 13:04

Just an idea. How about Starvest liquidating itself with the shareholders receiving only their relevant proportion of GGP shares and directors and liquidators keeping/using the rest for fees and expenses. Or instead of liquidating, the company could distribute its existing assets as above with shareholder approval and be sold on as shell.

[zedder] 23/11/2020 16:09

The report for the year ending 30th September probably won't be out until February. There will be a quarterly update to 31st December in early January.

[trawl] 23/11/2020 15:24

is there a 6 monthly update due soon

[telbap] 19/11/2020 14:32

Amazed that they can maintain the listening given the lack of volume going thru. Just shows how much the market needs these micro caps.

[zedder] 12/11/2020 13:11

We are on the new thread, but it's pretty quiet as well there!

[stevieweebie2] 12/11/2020 08:49

Tel
GLD will prob drop a tad more to meet the 200mda before it goes up, we may get an early Xmas present but may just be after but im still holding in anticipation of the party.

[telbap] 12/11/2020 08:29

Not a lot of posting here lol! Come on Starvesters, GGP next move up will come as soon as GGP he the MRE they are waiting on.....tick tok

[yorkie52] 09/11/2020 18:01

SVE held up well today, considering most gold stocks are off at least 10%.

[plasybryn] 09/11/2020 09:26

AAU hardening.

[zedder] 06/11/2020 09:01

I believe we own 1.117m KEFI (previous 19m before the 1:17 consolidation).

With AAU at 5.1p to sell and GGP 22.75p, NAV/share of the SVE portfolio is 35p so still a 45%+ discount available for buys here.

[grim] 05/11/2020 21:17

Any idea how many Kefi shares we own? Thx

[stu31] 05/11/2020 16:51

Silver One to Sell Mexican Silver Assets
September 28, 2020

SILVER ONE GRANTS NEW STOCK OPTIONS

Vancouver, British Columbia–(Sept. 28, 2020) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) (“Silver One” or the “Company”;) is pleased to announce it has entered into a letter of intent (the “LOI”) with Plymouth Realty Capital Corp. (“PlymouthR21;), a capital pool company, to sell its Canadian subsidiary KCP Minerals Inc., which holds all of its Mexican silver properties. Plymouth’s aim is to become a significant player in the silver space though the acquisition and advancement of quality silver projects.

Since the Company’s agreement with Silver Standard (now SSR Mining) in 2017, allowing Silver One to acquire a 100% interest in the past-producing Candelaria silver mine in Nevada, Silver One has been shifting its exploration efforts into the southwestern US. Consequently our Mexican assets, originally acquired from First Mining Gold Corp. in 2016, have become of secondary importance to the Company.

Greg Crowe, President and CEO commented: “The sale of our Mexican assets to Plymouth provides excellent value to Silver One. Since 2018, the Company has been focusing on its projects in Nevada and more recently Arizona. Silver One will now have a significant position in a potential Mexican growth story, going forward into what appears to be a strong precious metals bull market. In addition to a highly leveraged share position in Plymouth, the company will also retain a 1.5% NSR on each of the projects, that can be bought down to 0.5% by paying to Silver One US$ 0.5 million per property.”

Terms of the Transaction

Under the terms of the LOI, Silver One has agreed to transfer to Plymouth a 100% interest in all of its Mexican Silver Properties and, in consideration of which, Plymouth will issue $6,000,000 in cash and shares of Plymouth as follows: (a) pay $1,000,000 in cash, and (b) issue $5,000,000 of common shares of Plymouth (the “Consideration Shares”) to Silver One. The total number of Consideration Shares to be issued to Silver One is currently anticipated to be 5,000,000 shares of Plymouth.

Plymouth will also complete a private placement financing of 10,000,000 subscription receipts at $1.00 per subscription receipt for total proceeds of $10,000,000 to fund the exploration and development of the Mexican silver properties (the “Offering̶1;).

Plymouth will also change its name to Silverton Metals Corp. (“Silverton Metals”) and list the post-Split common shares under a new stock symbol.

The Transaction is subject to TSX Venture Exchange approval, entry into a definitive agreement by the parties, completion of the Offering, acceptable resale restrictions and other customer conditions for the Transaction.

New Option Grant

Silver One also announces that is has granted a total of 2,575,000 stock options to its directors, officers, employees and consultants. The options are exercisable at $0.70 per share, subject to Silver One’s option vesting terms and expire five years from the date of grant.

Qualified Person

The technical content of this news release has been reviewed and approved by Greg Crowe, P.Geo., and a Qualified Person as defined by National Instrument 43-101.

About Silver One

Silver One is focused on the exploration and development of quality silver projects.

The Company holds an option to acquire a 100%-interest in its flagship project, the past-producing Candelaria Silver Mine, Nevada. Potential reprocessing of silver from the historic leach pads at Candelaria is being investigated. Additional opportunities lie in previously identified high-grade silver intercepts down-dip and the possibility of increasing the substantive silver mineralization along-strike from the two past-producing open pits.

The Company has staked 636 lode claims and entered into a Lease/Purchase Agreement to acquire five patented claims on its Cherokee project located in Lincoln County, Nevada, host to multiple silver-copper-gold vein systems traced to date for over 12 km along-strike. The property also has potential for limestone related polymetallic plus silver and gold and/or other intrusive related systems at depth.

Silver One holds an option to acquire a 100% interest in the Silver Phoenix Project. The Silver Phoenix Project is a very high-grade native silver prospect that lies within the “Arizona Silver Belt”, immediately adjacent to the prolific copper producing area of Globe, Arizona.

In addition, the Company also holds a 100% interest in three significant silver assets located in Mexico – Peñasco Quemado, Sonora; La Frazada, Nayarit; and Pluton, Durango, acquired from First Mining Gold, one of the Company’s largest shareholders.

[rose_by_another_name] 05/11/2020 09:28

Final results out for GGP.

[zedder] 04/11/2020 08:29

Hopefully anyone who did well in PRIM as a result of their GGP stake, may come into SVE to do it all over again.

[big7ime] 04/11/2020 08:08

PRIM have sold their GGP stake