SilverCrest Mines Inc SVLC

Expansion of Santa Elena news

[KevinF2848]

https://www.silvercrestmines.com/news/2013/index.php?&content_id=133

[KevinF2848]

Here is the actual news release: VANCOUVER, BC – February 26, 2013 – SilverCrest Mines Inc. (the “Company”) is pleased to announce results of further delineation drilling at the Santa Elena Mine in Sonora, Mexico. One hundred and eleven holes of a revised planned 114 holes have been completed to re-categorize Indicated and Inferred Resources to Probable Reserves and expand current underground

[intowin]

I just don't see SVL lasting much beyond this summer without being taken over. Results like these, $50+ million in the bank, 3.5 million per month cash flow, NO debt, La Yoya proving up to be even larger than Santa Elena. A sure take over target they are. JMO

[pvandeloo]

Hello intwoin this might be the case, however lets hope they are NOT taken over by a larger mining, because the premium they will pay over the last closing price will be mediocre at best. If we hold on the gains that will be realised are much larger then the gains via a takeover. I pray that they wont be taken over in the next 2 years. Grettings, pvandeloo

[Seaman1]

If they give us 5,50 -6,00 CAD they can take it over, but not cheaper.