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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 tigris72pooon Jul 16, 2021 10:40pm
104 Views
Post# 33564622

RE:Maybe It Is ETF Selling

RE:Maybe It Is ETF SellingThat's a huge problem with this business.  When ETFs are selling they take away the good girls with the bad.  No questions asked.  But you probably also have impatient funds from the last financing who thought they would get an immediate 20-30 % pop.  When that didn't happen, they dump it to chase some other momentum pony.  Very few long term investors left  who buy and hold based on the fundamentals.  At this point Eric must be thinking : " I'll get Las Chispas built and on production, sell it to a Senior Producer who needs low cost, higly profitable ounces and spin-off El Picacho into Silvercrest Minerals III.
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