SilverCrest Mines Inc SVLC

Regarding News

[scott]

It was good to get an update on the progress at Santa Elena today, things are definitely moving in the right direction.  News flow is always slow during the construction of a mine...it's usually a quiet period for a company.  That has definitely been the case with Silvercrest lately but even with little news to go on, the stock price has held up well.  As the company gets closer to having a producing mine, the stock price should firm up even more and begin to rise in anticipation of production.  In other words, there might be continued back and filling for awhile but don't expect it to last too long.  Each day the company gets closer to pulling metal out of the ground the price should firm even more and eventually rise to much higher levels.  In my opinion, with the continued increase in precious metal prices, I expect Silvercrest to eventually be taken over by a bigger player at multiples much higher than today's price.  That's for another day but for now, it's nice to see them fast-tracking this mine into production...the timing couldn't be better and shareholders will be rewarded!!!

Cheers,

Scott