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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 stockpunteron Apr 19, 2023 4:59pm
72 Views
Post# 35403872

RE:as far as the ratio goes

RE:as far as the ratio goes I agree that the profit margins of a company like SIL will be partially and independently determined by the prices of gold and silver.  My point is that the G/S ratio might be useful for anticipating whether gold is due for a push higher or silver is in for a correction.  The ratio is not fixed, but it does vary in interesting ways that reflect physical demand as well as speculative buying.  I would bet the ratio will be back around 83 in a month or so which might involve a gold rally or a silver retreat.  The ratio is not meant to be a simplified number for the numerically challenged.  
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