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Bullboard - Stock Discussion Forum SilverCrest Mines Inc SVLC

NYSEAM:SVLC - Post Discussion

SilverCrest Mines Inc > Waiting for Spectacular....
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Post by scott on Jun 20, 2015 3:44am

Waiting for Spectacular....

Realizing things have been difficult for miners like Silvercrest in recent months/years, and that the pain coulld continue, I have no desire to give false hope in this post. Personally at this point, I think it will take something spectactular to move Silvercrests stock price from its current frump. A spectacular new discovery, an acquisistion, a merger, a $30/oz. silver price, announcement of a dividend, something, anything CRAZY along those lines. The normal day to day accomplishments we all excpect as investors just aren't going to make a difference in this environment. It's just not going to get anyones attention, especially from the few stingy investors willing to take a chance in the mining space. It's going to take something EXTRA special, spectacular, in my oppinion, to move the stock price. With that said, we have this to hang onto until the "spectacular" happens for Silvercrest...

Here's how much gold would be worth if it backed all the debt in the world

Cheers!

Scott
Comment by sb342 on Jun 22, 2015 6:49pm
Agreed - but I stll bought some today.
Comment by black364 on Jun 23, 2015 10:51am
Pretty much agree Scott although I wouldn't expect dividends any time soon during this period of low metal prices. I'm hoping for some good drill results from Ermintano and also proving up more resources at Elena. Good drill results may not move the share price at this time but it would be reassuring knowing that the value of the company has increased.  
Comment by Skater on Jun 23, 2015 11:07am
Agree Scott. I did however start moving some holdings into Goldsource. Love Silvercrest, just feel with Goldsource on the edge of going into production, better bang like we had with Silvercrest a few years ago.
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