Silvercrest Metals Inc T.SIL

When The Heck

[argaiv]

Are gold and silver prices going to move up?  This company better start adding some ounces on to replace all of the production they are selling off.  It is not like we have a twenty year mine life here.

[E30S14]

Gold and silver have been the worst investments. SilverCrest I and II have made me money, but these have pretty much been the outliers for me. Take profits when they're on the table with SIL. That's the only way to go with this one. I bought some under $7 recently and will try to unload during any near term run up.

[666999]

Use the chart, most important tool, I dont see anything unusual, share price had nice run up, before going down, whole sector is in downtrend, share price is in consolidation mode, but earnings are great, drilling is going on - 10 M for 2024, price of gold is also very good, mgmt is capable, money will return to sector, it always does, yes it difficult to be in gold mining market right now, but it

[666999]

Got response from company, they are working hard to replace ounces, 14M for drilling this year, they have team that is working on M&A, divident is not out of question, but share buyback is more likely, cheers

[wideopenthrottl]

not to mention the 40+ million on mine developement (IMHO they will find a few extra viens and create some cost savings while doing it)....GLTA

[argaiv]

Did they mention anything about El Picacho?  I have not seen any news since the first release which seems like way far back.  It would be nice to see a big increase in reserves.

[666999]

In March presentation there is mention about El pichacho, but this years focus is on increasing resources with infill drilling, as I remember there are a lot of veins left on main property, also as said, company has active team that is working on M&A, mgmt wants to have another mine, they dont want to be single asset company, so any news about that, and share price could go up 30% in a day

[E30S14]

Thanks for your continued SIL insights 666999 - these guys are proven winners and know what they're doing.