Is there a relationship between the increased spot price of silver (up over $20/ounce today) and the chance that SVBL will be acquired/sold? I am not sure whether the potential to make more money ourselves by putting together financing and developing this property will result, or if the higher spot price will make it more likely that the company will be bought out. I just bought in last year; have any statements beem made by management on this subject in previous years?
Usually the "Buy Price" for a small stock like this one is about a 30% premium to market value, so it would seem to me that final buy price could depend on how fast they can get the offer in, at or near the current low price. But: it looks like some of us may have caught wind of what could be going on, so fixing buy out price is like grabbing a rising knife, not the typical falling knife. It could be anywhere from 15 cents (unlikely) to 30 cents depending on above factor.