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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

Comment by 666999on Feb 06, 2021 8:22am
220 Views
Post# 32492293

RE:Opinion

RE:OpinionCurrent mine life is 9+years and resource will grow
Revenue should be 340 M US per year/net income 240 M US 
Payback time for mine construction is 4-6 months with current metal prices
I had SVL shares before and mgmt is great, this is a real deal
Still a lot left to drill, so no one can tell where will share price go 
I say 25-30 is acchivable, but even 40 can happen if resource will grow 
Dont forget land package is BIG 
I can suggest Silver Tiger as well, they are close to SIL, latest drill results were great
Glta


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