NYSEAM:SVLC - Post by User
Post by
scotton Mar 02, 2012 10:00pm
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Post# 19621255
Silvercrest
Silvercrest See below, what a nice endorsement for Silvercrest. These mini-down drafts are great opportunities to accumulate more shares. Silvercrest currently has the wind at its back with lots of "BLUE SKY" potential on the horizon. Should be a fun and profitable ride for those on board.
Hope you all enjoy your weekend. Cheers! Scott
The Gold Report Interview with Sean Rakhimov (3/2/12) "For companies that are out of the woods and poised for significant appreciation, I look at a company like SilverCrest Mines Inc. It's a profitable silver and gold producer in Mexico. The company has a decent share structure, plenty of cash and is looking to double its production from the current operations. It just made a brand new discovery where the first resource came out at 100 million ounces (Moz) of silver equivalent. Its target for the deposit is 200 Moz plus. That deposit alone should be valued by the market at roughly the current market cap of the company today.
It seems that whatever the SilverCrest management team touches turns into gold, so to speak. SilverCrest went into El Salvador initially and made some discoveries. Ultimately things did not work out in that country for political reasons. Then, it came to Mexico, made a discovery and put a mine into production. Now, it has another project and has made another discovery. . .I recently became a consultant to the company, though I have been following and writing about the company for several years. I don't normally talk about companies that I am involved with, but in this particular case, the upside of the La Joya project can be spectacular." More >