NYSEAM:SVLC - Post by User
Comment by
jvtayon Jul 29, 2010 1:11pm
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Post# 17307411
RE: RE: When?
RE: RE: When?All you really need to know about how cheap these shares are is to re-read what he said about the $numbers used for the feasibility study and the rate of return. They are projected to have a RR of over 70% using a price for gold at somewhere around $750 and silver @$8!!!!!! Now, I don't believe the humungous majority of people invested in SilverCrest or reading these boards actually believe that the prices of silver and gold are going ANYwhere but up up and then up.
So, we already have a silver price more than double that used, and it's ready to soar any day now to who knows where...$25?...$50?, and gold will likely be double their $750 by year end or soon after. Bottom line: we've got a major money maker here, and this IMO is a GREAT time to get whatever you want to have before production gets going fullspeed ahead and while JPMorgain4Elites and criminal bankster friends are still holding the prices of the metals down. I bought more this morning before the NR came out (lucky but good timing...I'm hoping)...jt