SilverCrest Metals – Macro comments on fund flows and real rates, plus a constructions update from the Las Chispas Project
Chris Ritchie, President of SilverCrest Metals (TSX:SIL – NYSE:SILV) joins us to comment on macro environment for markets and metals and provide an update on the construction at the Las Chispas Project.
On the macro front Chris shares some recent data on fund flows that confirms the fact that the precious metals space is being completely ignored by generalist investors. We also discuss where real rates stand and how the general inflation data is not telling the whole story.
We then transition over to recent news out of SilverCrest focused on the construction update released August 10 for the Las Chispas Property. Chris outlines many aspects of the construction as well as the downside protection the Company offers to investors through it’s margins and available cash if the silver price was to go through a large drop in price.
If you have any further questions for Chris please email us at either Fleck@kereport.com or Shad@kereport.com.