NYSEAM:SVLC - Post by User
Comment by
midas_12on Sep 15, 2012 7:49am
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Post# 20366659
RE: too much Gold
RE: too much Gold This is a very good co. with best in class management, who deliver on time and budget.
That said, I have been thinking along the same line as Beek02. The company's name is misleading. Most of the silver eqv. Production at Santa Elana os gold looking forward to the next three years. If you look at the silver eqvt resources at La Joya, then 50% is actually copper....if the world economy continues to go down hill, theen this silver eqvt will continue to be worth less in-situ.
Want to reiterate that I think Silvercrest is a great company but I want a leverage to silver price appreciation and will probably cash out if I get $3.25 or so.