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SilverCrest Mines Inc SVLC



NYSEAM:SVLC - Post by User

Comment by Studio10on Oct 31, 2013 4:38pm
174 Views
Post# 21866622

RE:RE:RE:RE:RE:Potential Decline

RE:RE:RE:RE:RE:Potential DeclineHello everybody,
I would really like to thank everybody for their input. Please let us try to have more discussions more often.
Right now, given today's decline in the silver price (about a dollar), it seems that SVL is holding on. However, the current volatility of the silver price is not letting us accurtately assess the real damage, if any. As a matter of fact, the silver volatility is expected to continue for a considerable period of time.
Also, it appears that each of EDR and AG has not shown any considerable damage yet, which means, as a lot of you has already stated, that the strong companies will most likely be able to weather the storm.
Moreover, I think that the new tax law still needs the signature of Mexico's President, which is going to happen perhaps during the next couple of weeks, as far as I read in the news.
I have not sold yet, but I am watching very closely.
Cheers
Studio10

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