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Bullboard - Stock Discussion Forum SilverCrest Mines Inc SVLC

NYSEAM:SVLC - Post Discussion

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Post by ch08532 on Apr 09, 2015 9:57am

1.29

New intraday low...1 ask lot at 1.30.  Absolute nonsense.  

Congrats who bought at 1.29
Comment by davwal on Apr 09, 2015 10:20am
When it gets to 1.10 i predict management will issue more stock options for undisclosed services.They will most likely come up with something.
Comment by ch08532 on Apr 09, 2015 10:41am
I guess a mid tier producer gets a penny stock evaluation.   One thing for sure, I will back the truck up at 1.10!
Comment by inse on Apr 10, 2015 2:13am
The previous 52 Week Intraday Low of $1.31 for SVL was set on December 23rd, 2014...near the end of tax loss selling season. The closing price was $1.40 (+0.01). The closing price for silver on that day was $15.78USD (+0.10). The new 52 Week Intraday Low of $1.29 for SVL was set today, April 9th, 2015. The closing price was $1.33 (-0.02). The closing price for silver today was $16.17USD (-0.37) ...more  
Comment by ch08532 on Apr 10, 2015 8:55am
I agree with all your points inse.  I've been a shareholder for the last 4 years and will continue holding...a lot of upside the next few years. SVLC touched 1.03 yesterday and closed at 1.07.   Market cap of 127.1M on the NYSE.   127M cap on a company with 144M pre tax revenue for the next 8 years plus ~35Million in cash with only 15M in debt (they could pay this off ...more  
Comment by silvercreastman on Apr 10, 2015 11:23am
Last year prodution numbers came out on April 15 for the 1Q and earnings on May 14. This coming quarter should be excellent. Relax and buy more this a great time to buy if the numbers are good.
Comment by ch08532 on Apr 10, 2015 7:16pm
I agree..I'm expecting Q1 numbers to be very good mainly due to open pit and underground production. As for the stock price, it seems morning gains are quickly erased then a mid day drop. Again, gold/silver holding nicely around 1200/17 and yet again in the red.  I will buy next week when the stock price enters the 20's.
Comment by black364 on Apr 10, 2015 11:45am
I couldn’t agree more with points made in your last posts inse and ch. We are definitely short of buyers presently. I believe at times the fight can be taken out of the dog with algo trading plus the shenanigans of Hucksters like Morgan Stanley over the last year although the Morgan factor ironically has subsided somewhat since it was brought up on this board a while back. The biggest dog in the ...more  
Comment by silvercreastman on Apr 10, 2015 2:16pm
I noticed that at $1.50 the supply of stock seemed unnatural. There seemed to be no end to it. You post makes sense. Thanks.
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