SilverCrest Mines Inc SVLC

RE: RE: Some food for thought !

[ch08532]

I agree with what you are saying in regards to stock price and the market.  We are in a trading range but much tighter..2.25 to 2.65. We have to wait at least another two years before we start seeing the effects of the new mill at Santa Elana + underground and then another year or two for La Joya starter pit to be operational.  Personally, I believe a buyout will happen before we reach production on La Joya.  La Joya has some good numbers and easy money to be made.  Plus the added bulk Tungston is a huge plus.  Yes, it's not all Silver and Gold but it's easy money and managements philosophy is all about making easy money.  

I personally rather be all in and sit tight at these levels instead of making a few bucks on the dips.  I sleep well at night knowing at these price I didn't overbuy SVL.  Sure, I would have rather bought at 2.10 but I'm in and when SVL gets sold off...which they will..I'll profit.

I'd rather not miss the boat on a potential buyout.  One thing I've learned is when the silver/gold markets turn to the upside it happens pretty fast.  Sadly the same rule applies on a downturn.