NYSEAM:SVLC - Post by User
Comment by
inseon Oct 01, 2015 1:14pm
361 Views
Post# 24153950
RE:Well...that's all folks!
RE:Well...that's all folks!I share the same sentiments ch08532...bitter sweet...
Unfortunately for SilverCrest (and pretty much all companies in this space), since the 2011 highs of $1900 and $49 for gold and silver respectively, it has been a prolonged four year decline in the PMs to current levels of $1100 and $15...
I'm not happy with the timing of this deal, but do believe that KN and the FIrst Majestic team are best suited to restore value in our SVL investment, once the PMs finally reverse course from this four year price decline.
I'm absolutely dumbfounded at how long this massively corrupt and unsustainable Fiat-based Ponzi scheme has been able to continue for this long.
Good luck to all with their investments.