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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 stockpunteron Apr 19, 2023 3:32pm
78 Views
Post# 35403679

Gold/Silver Ratio

Gold/Silver RatioWhile you read your favorite entrails, take a look at the ratio.  Gold/silver has been much higher most of the last year,   It could revert to mean by either a sharp gold rally of a silver plunge.  Of course, silver might keep its relative attraction for fundamental reasons to do with supply and demand.  I'm on the sidelines for SIL, although I may well regret it.  I may take a large (for me) position when/if silver corrects and/or ASIC and prodcution guidance causes a big pull back.  Good luck.
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