Silvercrest Metals Inc T.SIL

I Don't Quite Understand

[argaiv]

If we have a treasury full of cash, why do we borrow money for operations.  Well 2021 is almost over.

[wideopenthrottl]

This post has been removed in accordance with Community Policy

[RevT79]

Borrowing money is dirt cheap rigth now!!! they migth as well take advantage of it! these guys are pros and really wanna de risk the whole program to bring in bigger investors! I just listen to the let report on ceo .ca and management team take investors resllt seriously!!! long term this is a no brainer! They said that even if silver go down to 19$ they still pay back the mine in one year!!!

[severeanalysts]

Hi argaiv Because debt, in the end simply costs money. And miners hate debt. Due to the volatility with the price of Ag and Au/oz anyone, any institution will charge serious interest even on lon term rates. And although we have been sh holders for a while we still cannot figure out if the Fiers are going to sell out. What we are sure of there will be a bidding war and likely a white knight The