NYSEAM:SVLC - Post by User
Post by
scotton Jun 18, 2014 2:20pm
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Post# 22672101
Free Cash Flow
Free Cash FlowFrom Today's Santa Elena Update Press Release...
"...The remaining capital expenditures are expected to be completed in early Q3, 2014 which will allow free cash flow from operations to be generated for the balance of 2014."
If my memory serves me well, this type of announcement back in 2010 from First Majestic had a significant impact on the company’s eventual valuation. It will be interesting to see if Silvercrest receives similar respect from the investment community for what they have accomplished, the fact that they’ve reached such a significant milestone of being SELF-sufficient as a producing miner.
-Scott