NYSEAM:SVLC - Post by User
Post by
scotton Dec 06, 2011 1:26pm
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Post# 19296002
Canaccord
CanaccordCanaccord keeps bumping up their price target with each new bit of info released by the company, nice to see. (See below) I was a little early adding to my position yesterday, today's low was a gift for those able to take advantage. I'm glad to see the volume dry up with this downdraft, very constructive. https://www.theaureport.com/pub/co/292 Nicholas Campbell, Canaccord Genuity (11/30/11) "We are maintaining our Speculative Buy recommendation on the shares of SilverCrest Mines Inc. with a revised 12-month target price of CA$4, up from CA$3.75...the company took 43 channel samples to the southwest of the current drilling completed on the main mineralized trend. The samples returned an average grade of 129.3 g/t silver, 1.15% copper and 0.2 g/t gold; the channel samples demonstrate the potential for elevated silver and copper values extending up to 500m to the southwest of current drilling...we believe that the channel sample results support the potential for the La Joya project to develop into a 100+ Moz silver resource." Cheers! Scott