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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

Post by Beabaggageon May 10, 2022 10:10am
191 Views
Post# 34670127

added in the selloff

added in the selloffdoubled my position in SILV which is going to be a very low cost producer.  On its own a great silver play and if it stays weak, would not be surprised if Fresnillo (big in MX)  PAAS or AG takeout to add low cost accretive FCF and production. Best value in silver.  They will have cash on hand after the mine is online soon on target and on budget.  Plus all the exploration potential.  Bea
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