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SilverCrest Mines Inc SVLC



NYSEAM:SVLC - Post by User

Comment by pvandelooon May 02, 2012 4:15pm
344 Views
Post# 19863303

RE: SVL Interview -- Ellis Marten Report

RE: SVL Interview -- Ellis Marten Report

Great interview. Interesting points Eric Fier mentioned: 

1. 50%-100% increase of the underground resources at Santa Elena (Santa Elena will be a major project over the next 10-15 years)

2. Double of the resource at La Joya towards the end of the year

3. 70% local hire (resulting in a great relationship with local politicians)

4. They are looking at 2-3 acquisitions per month right now and might acquire another project. "To find another 1 or 2 projects just means great growth the company."

5. "I would see Silvercrest in 2 to 3 years being a mid-tear silver-gold producer"

6. La Joya will be brought online in about 5 years.

To summarize: Blue Sky potential for this company. The share price is still greatly undervalued. 

 

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