SilverCrest Mines Inc SVLC

Free Cash Flow

[scott]

From Today's Santa Elena Update Press Release...

"...The remaining capital expenditures are expected to be completed in early Q3, 2014 which will allow free cash flow from operations to be generated for the balance of 2014."

If my memory serves me well, this type of announcement back in 2010 from First Majestic had a significant impact on the company’s eventual valuation.  It will be interesting to see if Silvercrest receives similar respect from the investment community for what they have accomplished, the fact that they’ve reached such a significant milestone of being SELF-sufficient as a producing miner.

-Scott

[georgoub]

Good observation Scott.  I hope they do but, market sentiment is much different now IMO.  Seems like today you have to meet and exceed expectations continually in order to even maintain any sort of forward momentum in terms of valuation.  These are tougher times...  

[benduck]

This post has been removed in accordance with Community Policy

[scott]

I’d like to clarify comments in my previous post when I mentioned the significance of Silvercrest announcing publicly that they are going to have free cash flow from operations.  To me this is a major game changer for the company and I’ll try to explain why I believe that to be so.  As georgoub mentioned, the sentiment in the mining space is much different today compared to the 2010 time

[georgoub]

Well put Scott.     I am hoping that institutional investors see SVL in the same light.  More of an onus is placed on these companies today to "stand-out" from the rest and I believe, like you state, that SVL are positioning themselves well to do so.  Overall risk is significantly reduced once in free cash flow territory.  We always seem to be

[pvandeloo]

Hey guys,  i also hold a large percentage of my portfolio in Silvercrest. What are your opinions on the next steps for Silvercrest after the Santa Elena expansion is completed.  Is it La Joya? Further acquisitions around Santa Elena? What kind of value can be added, what further questions can be answered ;)?