Silvercrest Metals Inc T.SIL

Maybe It Is ETF Selling

[argaiv]

We must be part of some ETFs and there is some crazy selling going on.  I live in Las Vegas and they are going to start mandating masks again.  The next thing you know we will all be told to lock down again.  I know Trudeau will be a strict authoritarian about that.

[tigris72poo]

That's a huge problem with this business.  When ETFs are selling they take away the good girls with the bad.  No questions asked.  But you probably also have impatient funds from the last financing who thought they would get an immediate 20-30 % pop.  When that didn't happen, they dump it to chase some other momentum pony.  Very few long term investors left 

[RevT79]

Why wouldn't a major producer already bougth them up? Seems crazy to me with those kind of grades!!

[tigris72poo]

Why wouldn't a major producer already bougth them up? The big companies that could afford to buy us at a premium  (would have to be around US$ 2 billion)  want large scale projects that can produce 5 to 10 million oz Au equivalent or > 350 million oz Ag.  Las Chispas is an extremely high grade and very low cost deposit but with about 150 million oz Ag eq as of now is too

[wideopenthrottl]

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