Company Updates From Management – Thu 14 May, 2020

SilverCrest Metals – Restarting work at Las Chispas and addressing the 9million share block that went up for sale today

Chris Richey, President of SilverCrest Metals (TSX:SIL – NYSE:SILV) joins me to get us up to speed with the restart of operations in Mexico at the Las Chispas Property. He outlines what the strategy will be for drilling.

We also discuss some share specific topics. Starting with the merger of SSR and Alacer, with the focus being on SSR who is a large shareholder in SilverCrest. Also the potential of SilverCrest being included in the TSX Composite Index.

If you have any follow up questions for Chris Please email me at Fleck@kereport.com.

Click here to visit the SilverCrest website and keep up to date with the recent news.


Comments:
  1. On May 14, 2020 at 1:49 pm,
    David says:

    Silvercrest has been a great performer and I am hoping for more stellar results. Today was also good for Discovery, Brixton, GR Silver, Kootenay, Metallic, Vizsla and others. Maybe silver goes this time.

    • On May 15, 2020 at 9:02 am,
      David says:

      Silvercrest bought back SSR Shares for 90mil Canadian. Very interesting. Does this mean Silv taking things to production or is SSR moving out of the way for others like AG which is a neighbor. Let’s see what happens next. Worth over a 10% jump in Silv but a lot of silver miners doing that anyway.

      • On May 17, 2020 at 12:37 am,
        Excelsior says:

        Good thoughts David. I believe this frees up SILV to find a new strategic partner, as SSRM is busy with the Alacer merger and likely needed to sell their winning hand of shares of SILV to raise some cash. Yes, maybe another larger Silver miner, like AG or PAAS that you mentioned will make a move on SILV now.