SilverCrest Metals Inc T.SIL

I Sold My Shares Today

[argaiv]

Only because I am nervous about them being a one mine company, and I am not sure what management will do next to grow.  I don't know if I made the right decision, but at least I made some money on the stock.  I thought the stock would go to $16 or more someday, but it is not there right now.
Frank giustra said size matters in this business, and right now Silvercrest is a single asset play.

[wideopenthrottl]

as per trying to stay disciplined, I sold my 11.57 traders but still have my core position....ill let some of thise go if we hit a new high...i have 2 rebuys already set at 12.12 and 11.11 If  we get there.....as far as one mine goes , we have a really good history of having another area as a future endeavor if we were to sell out/spinout for silvercrest 3...these guys always seem to be one

[666999]

First majestic commented on SIL, when buying Gatos, they were looking at SIL, but as expected, mkt cap is too high for them, AG has now 5 mines, but only 2 good, Santa Elena is one of them, former Silvercrest mine

[argaiv]

I see there is a law firm investigating the buyout of Gatos Silver.  I guess the offer is being deemed inadequate by that law firm.

[666999]

Gatos has only 7 years of production, that means drilling, and uncertanty, this is problem at all mines that AG has, drilling eats profit and its not cheap, I think that price is fair, there is a lot of upside at AG share price, so Gatos shareholders should be good, 2nd half should be much better then 1st, for AG, 

[argaiv]

That is not a lot of remaining mine life for Gatos Silver. I wonder if Silvercrest management is looking at some of the assets that Newmont has for sale?

[666999]

Mine runs great, AISC is low, debt was repayed in 6 months, grade is excellent, mgmt is very capable and this counts in mining sector, why would mgmt buy back shares, its nonsense, share count is low, but cash in hand can do a lot of things, mkt cap is high because all this things, one of the best silver/gold miners, I believe mgmt has plan for future, follow great mgmt and you will be earn a lot,