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SilverCrest Mines Inc SVLC



NYSEAM:SVLC - Post by User

Comment by scotton Dec 24, 2011 2:51pm
425 Views
Post# 19350886

RE: SVL

RE: SVL

Well, it appears "theaureport" goofed...I guess it was David Coffin and not Ron Struthers that said the following about Silvercrest...

 

David Coffin, Hard Rock Analyst (12/19/11) "The combination of La Joya and ongoing work to expand the Santa Elena operation has given SilverCrest Mines Inc. a growth profile that has attracted a lot of brokerage industry coverage; now that the company is finally getting some respect, it should be able to trade with or better than its small gold/silver production peer group. With $30M on hand and positive cash flow, it should be able to keep advancing those expansion plans and is a good play on gold and silver prices."

 

Ron Struthers did have this to say which you may have already seen...

 

Ron Struthers, Struthers Resource Stock Report (12/6/11) "SilverCrest Mines Inc. reported strong positive cash flow, earnings and operating results for its third quarter ended Sept. 30, 2011, it being the second quarter of commercial production at its Santa Elena mine. . .although the stock has seen a decent move I expect it can go a lot higher as cash flow and earnings improve and the market rallies as well. Plus there is the kicker of positive drill results to come from La Joya."

 

Thanks for the holiday wishes guys, same to you and the others.  Safe travels and best wishes to all!!!

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