A look into SilverCrest Metals
We are thinking of starting up a segment where Al and I look into certain companies in the resource space (at least initially) that interest us. These stocks are not necessary buys at the moment but we feel as though they should be on everyone’s radar.
The first Company we are looking into is SilverCrest Metals (TSX.V:SIL & SVCMF). Please let us know what you think of this new segment and shares the companies you think warrant our attention.
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Agreed Rand.
Good coverage of Silvercrest Metals Big Al & Cory. It has been the juggernaut in the Silver mining sector for 2016 and most of that is attributable to the solid management and geo-team, and the fact that they were wise enough not to let these assets get scooped up when First Majestic acquired their previous mine.
I like this concept of highlighting different companies to dissect on the KER. Good stuff.
SIL.V has done fantastically well since its low of $0.13 back on 1/20/16, up 2860%.
However it is getting highly overbought at this point. It is a highly prospective location, but in my opinion, it now needs some more good drill results; it is being speculatively bought currently.
latest presentation at:
http://silvercrestmetals.com/_resources/presentations/SIL_August_2016.pdf?v=3
Thanks, look for more.
Here’s two ideas for ya: CXO and SKE
Thanks Al and Cory – I love Silver Crest Metals for all the reasons you give.
Balmoral Resources really impresses me. Darin Wagner has built a career of stellar performance. He’s made a lot of money for a lot of people. A real stand-up guy in an industry full of promoters, pump-artists and carnival barkers.
Target Price increased to $1.50 according to Mackie Research, Rand.
Thanks Archdeacon. I met Darin Wagner at a corporate presentation for Sydney Mines, in Vancouver, on a rainy night in 2005. He was new at the company and took the time to answer my questions. Then he executed on what he said he would do. His hypothesis about a deeper feeder system was proven true and we were subsequently taken over by Lakeshore. It looks like he is working the same geological magic at the Balmoral projects. He has a top flight team with him….and he is a name that I will always invest in.
Mining is about many things. But the People are key. Pray for Eric Fier’s good health.
Scott Drever is a stand-up guy in this industry. Others have always impressed me, like Darin Wagner of Balmoral Resources and a few others.
Good interview on this one.