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SilverCrest Metals Inc T.SIL

Alternate Symbol(s):  SILV

SilverCrest Metals Inc. is a Canadian precious metals producer. The Company’s principal focus is its Las Chispas Operation in Sonora, Mexico. The Company is also focused on expanding its resources and reserves, acquiring, discovering, and developing precious metals projects and operating multiple silver-gold mines in the Americas. The Las Chispas Operation is located approximately 180 kilometers northeast of Hermosillo, Sonora, Mexico. The property consists of 28 concessions totaling 1400.96 hectares. Its El Picacho Property is located approximately 85 road kilometers northeast of the Company’s Las Chispas Project and consists of 11 mining concessions totaling approximately 7,060 hectares.


TSX:SIL - Post by User

Bullboard Posts
Comment by StuntCoqon Jun 25, 2020 11:50pm
158 Views
Post# 31193623

RE:Silvercrest a lousy company

RE:Silvercrest a lousy company

Having been in the mining sector for a few years now, I've actually appreciated the way they have done their dillutions. Usually they have done them in smaller amounts and not massively affected the share price like other companies in the sector. Though they did file the paper work to raise another 200M, which would be about 16% dilution at current prices, I would hope they wouldn't need that and if they did would raise in say 50M increments. 


But yea, if you don't like them just sell them, that's what I would do if my thesis turned negative. 

Bullboard Posts