NYSEAM:SVLC - Post by User
Comment by
unlimited_awon Sep 27, 2012 2:38pm
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Post# 20421533
RE: RE: more good assays
RE: RE: more good assays I fully agree that Silvercrest should be much higher than current levels. Take advantage of it and buy some more. It was me by the way that linked Silvercrest to Santacruz. I will not go into the differences into detail here, but like to state shortly that Santacruz will be into production in a few months and their second project will follow shortly. Silvercrest is therefore a little further agreed, but "not even close" is pretty exaggerating. The main problem that is holding back Silvercrest' share performance is their royalty stream with Sandstorm and the Macquarie hedge facility. Their leverage towards higher silver prices is therefore limited, at least till 2014. Their major resources can be found at La Joya, which is still several years from production.