SilverCrest Mines Inc SVLC

next up and comming producer...

[dieter216]

After a 5x gain on Silvercrest and selling half my position I looked for a new horse to bet on,another story similar to Silvercrest and found Oroco V.OCO. They have contracted Sonoran Resources to build the mine. After the great job Sonoran did for Silvercrest bringing the mine in under budget and ahead of schedule, I liked the combination. Also with Oroco's future mine being in Sonora State, like Silvercrest, they will be very familiar with the demands/challenges of mine construction there. 

A key piece of the plan was announced this past Friday with the securing of a $18.5mill gold loan.  

Please do your own DD and if anyone has any questions feel free to message me, I've done extensive DD on the company and would be pleased to share. 

 

On the balance of my Silvercrest position, I'll hold out for as long as it takes for La Joya to be drilled up to a 200 mill + oz resource and someone like First Majestic will take us out at $8.00 +.

 

GLTA - Dieter

[moneymotivator]

EDR planning on paying $200-250 million for AUQ 2000 tpd mill and gold and silver resources in Mexico... https://www.stockhouse.com/financialtools/sn_newsreleases.aspx?qm_symbol=t.auq&newsid=8478556 Thanks for letting us know about OCO that sounds like some pretty good news ehh?

[sampo]

Dieter, Interesting you mention OCO. I own both SVL and OCO. Aside from the fact that they both have mines in Mexico, had (or are having) their mines built by Sonoran, they both are taking the road to bring a relatively smaller mine into production first, and have what are potentially 'company making' projects being developed through cash flow. In SVL we have Santa Elena and La Joya as a