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Silvercrest Metals Inc T.SIL

Alternate Symbol(s):  SILV

SilverCrest Metals Inc. is a Canada-based precious metals producer. The Company is engaged in acquiring, discovering, and developing high-value precious metals projects and operating multiple silver-gold mines in the Americas. The Company’s principal focus is its Las Chispas Operation in Sonora, Mexico. The Las Chispas Operation is located about 180 kilometers (km) northeast of Hermosillo, Sonora, Mexico. The property consists of about 28 concessions totaling 1400.96 hectares (ha). Its El Picacho Property is located about 85 km northeast of the Company’s Las Chispas Project and is comprised of 11 mining concessions totaling approximately 7,060 ha. Its Cruz de Mayo property is located in the State of Sonora, Mexico, about 22 km northwest of the town of Cumpas and 163 km northeast of Hermosillo. The Cruz de Mayo Property consists of two mineral concessions, Cruz de Mayo 2 and El Gueriguito. Its other projects include the Silver Angel Property and the Estacion Llano Property.


TSX:SIL - Post by User

Bullboard Posts
Comment by tigris72pooon Nov 29, 2018 5:01pm
101 Views
Post# 29042123

RE:Confused

RE:ConfusedWelcome to a BEAR market. Nobody has any money or courage left. Here you have validation from a well financed and knowledgeable industry partner who is willing to pay a big premium for a 10% stake. You also have no risk of dilution for the next twelve months as they will have over $40 million after the exercise of the wts and the closing of this deal. And you have a new potential acquirer along the usual suspects in the neighborhood. And the stock closes +4.2% at $3.26. Go figure!
Bullboard Posts