SilverCrest Mines Inc SVLC

too much Gold

[thebeek02]

I'm thinking that gold proportion is High. Really this is a gold mine. The best leverage on production recently has been on silver. People must be disappointed here! "Just had too correct".  DARN too much Gold.

I'm not worried I'm happy. Looking for low risk $4 ++ this 2012 as Gold bugs join this fray.

[midas_12]

This is a very good co. with best in class management, who deliver on time and budget.   That said, I have been thinking along the same line as Beek02. The company's name is misleading. Most of the silver eqv. Production at Santa Elana os gold looking forward to the next three years. If you look at the silver eqvt resources at La Joya, then 50% is actually copper....if the world economy

[KevinF2848]

La Cruz is almost pure silver.

[midas_12]

La Cruz is the smallest piece of SVL jigsaw....the market would focus on the big 2.

[KevinF2848]

Agreed.  As far as La Joya, I get about 30% copper, 50% silver and 20% gold.  Also a lot of base metal credits.  This is based on the lower cutoff.  The market gives gold mining comanies a much higher multiple than silver miners right now.  I don't think you will find many gold mining companies trading below 10x earnings.