NYSEAM:SVLC - Post by User
Post by
daytona2on Oct 10, 2012 11:01am
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Post# 20468390
bought deal
bought deal you are right kevin. They will have to purchace 27000 ounces less 928 dollars per ounce. 1770-928=842.
842*27000=22734000. I think fred said they could bring in 34000000 in this deal. So i would agree lots of money
for other uses. also approx 35,000000 in the bank right now. I have held silvercrest since 08 and do believe in
this stock.
ps I also own a wack of sam.v. similar to svl just bought out their hedge. I think it will have a bright future too,
just like svl.