SilverCrest Mines Inc SVLC

insider selling

[aklto]

I think that the insider selling is killing for the SP at the moment.
See: https://www.canadianinsider.com/node/7?menu_tickersearch=svl

[Wisdomwithage]

Low and behold its our friend Sanders again,joined by newbe Campbell. It must be tough getting quality Directors in the Junior area.  Reminds me of the scams of yesteryear on the VSE.

[inse]

George Sanders is President and Director of Goldcliff Resource Corporation. GCN currently trades at $0.005 on the Venture. Enough said. The Colonel has to eat too I suppose. His selling is of no concern to me. Nor the spending money selling of Graham Thody.

[ch08532]

Strange time two directors are selling and at the bottom of the 52 week Low.  

[inse]

ch08532 you wrote: "Strange time two directors are selling and at the bottom of the 52 week Low."  The 52 week low of $1.19 for SVL was set intraday on both June 27th and June 28th (in concert with 34 month lows set for Gold and Silver). The two insiders sold well above $1.19. To date, according to Canadian Insider: Sanders has sold a total of 73,500 shares (transaction

[ch08532]

You are correct Inse in regards to the 52 week low of 1.19.  I should have been more clear.  I find it unusual that these two are selling NEAR the bottom of the 52 week cycle.  Market cap far exceeds the value of the PFS of Santa Elana.  Basically there is a heck of a lot more upside in the next 12-24 months.  Again, they maybe doubling up at these prices so just cashing

[impega]

They exercised options at $1.03 and sold the shares for profit. Nothing sinister here. Short term impact at the most.