NYSEAM:SVLC - Post by User
Comment by
longrider1964on Dec 17, 2009 3:22am
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Post# 16595919
RE: Good Recovery
RE: Good RecoveryYeah some people have to buy gifts this year bah hum bug! i want cheap shares under my tree so bring the price down down down for now i am thinkin long term one year from now and these prices are gonna seem crazy! the more i check this company out the more i love it! another CSG but even better fewer shares o/s and management that is commited to no more dilution! they are fully funded and only gave up 20% lom gold at $325 and then couple of years production at @$925 to settle McQuarrie debt! the real jewel is the silver production its all ours and there is a ton of it i guarantee that silver production is what they concentrate on maximizing because we keep it all! and when silver finally catches up to gold vis a vis the historic ratio in a bull market this thing will spew cash! and only about 60 million shares o/s i think this could easily hit $5 by March 2011 as they will be 9 months into commercial production and the cash will start showing up on the financials and if silver doubles from here then things will be very nice for silvercrest! am thoroughly behind this new find as i hesitated with TMM (Timmins) only to watch it double in the past month and not nearly as good a story as this is Cheers and happy holidays to all
Longrider