NYSEAM:SVLC - Post by User
Post by
scotton Apr 21, 2012 12:47am
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Post# 19819360
Latest from Canaccord Genuity
Latest from Canaccord Genuity https://www.theaureport.com/pub/co/292
Nicholas Campbell, Canaccord Genuity (4/20/12) "SilverCrest Mines Inc. reported Q112 production of 134,528 oz silver and 9,405 oz gold, significantly outperforming our forecast for production of 107,814 oz silver and 7,444 oz gold. . .recoveries of 70% for gold and 38% for silver far exceeded our expectation for recoveries of 50% and 27%, respectively. . .SilverCrest reiterated its guidance for production of 435,000 oz silver and 33,000 oz gold in 2012. We believe that the company is being conservative; we forecast production of 35,000 oz gold and 605,000 oz silver."