SilverCrest Mines Inc SVLC

down 8 cents

[Geckomeister]

Is that what news of "bonanza grades" does to a company? Sends the shareprice down? Crazy. It's not like it was expected and was already built into the shareprice. And this is an up day for silver. Crazy!!!

[ch08532]

Welcome to investing in the junior resource market.  Where both good and bad news are reasons for selling.  LOL

[mjh9413]

First they have to bring underground into prodn which is when? and since when completed they have to give away 20% of all Au they mine at ridiculous prices (okay, so SSL will cover the capex as defined to prodn but  SSL will get LOM prodn) a bonanza gold grade (I am not forgetting the silver) is like finding 5gms per tonne and getting paid for only 4gms and having to  absorb the costs on

[inse]

Yes, very disappointing market reaction to these spectacular drill results.   I really thought the share price would have traded over $3 yesterday...it didn't, but I believed that after investors had the opportunity to digest the new release, the share price today would see a big uptick.   I can't make sense of being down 7 cents today...

[5F09A]

inse - "I really thought the share price would have traded over $3.00 yesterday..." You honestly thought those drill results would equate to an additional $.01 of quarterly earnings for the life of mine?  I think that is what a $.40 increase in share price would imply.  A 10-20% increase in quarterly earnings is what you took from that release of drill results?  Hmmmmmm...