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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 ElJon Jan 08, 2022 11:33pm
172 Views
Post# 34297083

RE:When Will We See???

RE:When Will We See???Argaiv,
              The ratio  GDX:US /  GLD:US  on Jan 7, 2022 is  30.01/ 167.75  =  0.1789  which is the ratio of  VanEck Gold Miners ETF /  SPRD Gold Trust  and is considered, by some "Gold Interested people",  as in a region of "Buy Gold Miners" . 

If you look back into the late-August - early November 2020 time frame  this ratio was in the  0.23 region which represents a more than 25% re-alignment potential for Miners relative to the current price of gold and even more if Gold Price increases.

Peace,
Good Decision-making to All,
ElJ
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