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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 rob1237on Oct 01, 2021 10:05pm
190 Views
Post# 33956889

RE:The problem with miners

RE:The problem with miners

RevT79 wrote: Is that they follow the price of gold Or silver no matter what .Wich fpr a company like Silvercrest it dosent make any sense at all......

 


thats how they make their money by sellimg the silver.. predicting silver is a bit difficult. SIL is andirect proxy to silver. 

best appraoch since we cannot predict this future spot price is to initia a position and then add later...ive seen this up 7% on the open. 


Good luck alll, fully funded, highest grades...even in a silver crash u will survive this as they are totally cashed up for building the mine for 2022. Average in 

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