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Bullboard - Stock Discussion Forum
SilverCrest Mines Inc
SVLC
Metals & Mining
Gold
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NYSEAM:SVLC - Post Discussion
SilverCrest Mines Inc
> Comex Silver is up 91 cents, and
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•••
aardvarks
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Post by
aardvarks
on Aug 23, 2012 11:44am
Comex Silver is up 91 cents, and
silver is over $ 30.00 again. This can't hurt! Momentum baby, momentum!
Cheers
(14)
•••
eunice12
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Comment by
eunice12
on Aug 24, 2012 12:10am
If it holds above $30 and we maintain low op costs, we will cash flow even more than last quarter so everyone will know that no financing is necessary.
(1)
•••
KevinF2848
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Comment by
KevinF2848
on Aug 24, 2012 9:06am
Eunice, That depends. This is fom the last quarterly statement: ' Silver sales were 124,739 ounces (2011 – 70,326) at an average realized price of $29 (2011 - $39). ' We are already half way through the quarter and the prices just now have edged over $30. We do not know when they sell the product, if they try to time their sales or if they sell on a regular basis.
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