SilverCrest Mines Inc SVLC

RE: Here come the .30's

[scott]

It would be a stretch to expect Silvercrest to trade far into the .30's...not impossible, it could happen considering it is only a few cents away at this moment (.41), but I just don't see it trading down near its cash value, the company has too much going for it. These are crazy times and anything is possible, but that would be one helluva buying opportunity if it were to happen. I also disagree that this is a time to"avoid resource stocks like the plague". We all have our own opinions, but to me this is the mother of all buying opportunities, not a time to avoid the sector and seek safety elsewhere.It appears that the precious metals including shares are trying to find a bottom around current prices.Silvercrest is a bit slow to react today but it too will be trending higher from these levels in the near future, in my opinion.For those interested, the paper written below by Richard J. Greene does a great job laying out what is going on in the gold/silver market and the eventual end game…it is my belief he is right on in his assessment of the current environment we find ourselves.

https://financialsense.com/fsu/editorials/greene/2008/0911.html

Cheers!