Silvercrest Metals Inc T.SIL

weakness makes SIL a hen waiting to be plucked

[Beabaggage]

feels like a decent offer w shares hit hard and silver down could take this out, would make the most sense for Fresnillo w big MX op's, they could use the low cost mine and resource additions..or even another co looking to grab mostly silver like PAAS.   
Long and adding on this weakness.  FED noise and strong US$/ recession talk has to abate tho for any significant recovery outside of a take out offer..not holding for that reason, just like the co/resource/bal sheet post mine/mill buildout and good mgmt.  

Just so we dont get some awful takeout offer like Yamana got from Goldfields or Orla's buy of GSV.  If gold/silver stay range bound or weak here, mergers will happen to lower costs, especially G&A.  Bea

[wideopenthrottl]

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[Beabaggage]

sorry have not, I really don't own for a 'takeout' but it is possible.. AG bal sheet at first glance shows low debt..the thing is now share prices are way down so some kind of merger like GFI/AUY would have to take place.. so it could even fall on a takeout offer if it is not strong.. my only foray into mostly silver production/miners own mostly gold producers now.  The low cost

[wideopenthrottl]

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[RevT79]

It would be really sad to see a buy out rigth now as the price is sooooo beaten down . I would take less than 16$ for my shares!!! these guys are gona rake in the middle et and they start processing those high high high grades!!!

[wideopenthrottl]

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[wideopenthrottl]

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