SilverCrest Mines Inc SVLC

News

[georgoub]

SilverCrest says that based on the current geologic model, drilling and sampling from the phase I and II programs, "it is reasonable that the recently discovered mineralized systems could potentially result in a 50 to 100 per cent increase in current inferred mineral resources.

[fabdaq]

Potential 50-100% increase in current inferred mineral resources - I was expecting more of a pop on this news.  A little disappointed quite frankly.  glta!!

[unlimited_aw]

A resource update will follow in the fourth quarter. Those who have the patience will be rewarded.

[ch08532]

  We were up close to 5% today on modest volume.  Plus a few walls needed to be knocked down.  I'm a bit confused as to why there were walls up in the first place.  Nonetheless I did pick up some more.   Looking at the charts for the month of September we basically traded sideways between 2.75 and 2.85 ( average is 2.81 ) with 7.5M shares exchanging hands.  

[georgoub]

"The company has been given outperform status by several agencies and price targets ranging from $3.75 per share (Stonecap) to over $6 per share.  According to FT.com, the 3 analysts offering 12 month price targets for SilverCrest Mines Inc. have a median target of 5.00, with a high estimate of 6.50 and a low estimate of 3.75. The median estimate represents a 85.19% increase