SilverCrest Mines Inc SVLC

FR vs. SVL

[Risk_Assess999]

A quick Q2 scorecard;

* CASH & CASH EQUIVALENTS;
FR: $37.7 million
SVL: $36.4 million


* ALL IN SUSTAINING COST;
FR: $14.49 per payable silver ounce
SVL: $10.97 per payable silver ounce


* NET EARNINGS;
FR: LOSS of $2.6 million
SVL: GAIN of $3.86 million


* REVEUNE GROWTH;
FR: Decrease of 19%
SVL: Increase of 169%

[Risk_Assess999]

Quick Q2 scorecard cont; * Market Cap-to-Cash & Cash Equivalents; FR = 12.26 SVL = 3.36

[silvercreastman]

I wonder why the svl management made this deal. Something must be wrong somewhere. The management sells their stock and walks away.

[Risk_Assess999]

I don't know the terms of the deal .... but FR mngmt has a fudciary duty to act in the best interest of FR shareholders ... and by swallowing up SVL, FR immediately almost doubles it's cash&cash eq., improves it's revenue growth profile among other positive things .... it's a good deal for FR shareholders IMO. But for SVL, I can't see any positives for SVL shareholders ...