Post by
porc2019 on May 09, 2021 11:09am
Rev, dont worry, mgmt. is the best in industry
Hello Rev,
dont worry about this stock. Obviously at 1.5 billion market cap you wont make a 10x and I think you havent invested for that. However I think you can be comfortable here, you wont lose money. And under reasonable assumptions (without higher silver price being necessary) over a timespan of 3-5 years you can hope for a 100% here.
Mgmt of silvercrest metals is the best in the industry imo. Their competence in undeniable (look at the share price history and how quickly they are bringing this project into production, unhear of). They had huge success with Silvercrest Mines too. If you look at interviews with CEO Eric Fier, his intelligence just jumps out of you.
So you can just relax. The high grade gives you downside protection if the silver price would fall. Let them do their thing.