NYSEAM:SVLC - Post by User
Comment by
fleeinggrandichon Aug 31, 2012 8:37pm
282 Views
Post# 20286728
RE: SVLC
RE: SVLC A more realistic P/E for a silver miner is 8-12. Not 21, definitely not 35-40.
Silvercrest gets a bit more cos they've executed well and have growth in the pipeline. Plus now silver's going up so expectations of future earnings will improve.
I'm not saying don't own SVL (I was saying it on this board 2 years ago, look it up), I'm just saying $10 is an incomprehensible target.