SilverCrest Metals – A Focus On How The High Margin Las Chispas Project Compares To Other Silver Mines
Chirs Ritchie, President of SilverCrest Metals (TSX:SIL – NYSE:SILV) joins us to provide a construction update at the Las Chispas Project, which is very close to completion. This ties into a discussion on margin at major silver projects. With inflation remaining elevated, we are seeing mining costs continue to grow. As Chris outlines Las Chispas is one of the highest margin silver assets, either in or close to production, in the industry.
As Chris has mentioned in prior interviews, he wants investors to view SilverCrest as a defensive play for resource investors because of the high-margin nature of the asset that will continue to make money if costs continue to rise. While the stock has sold off with all other resource stocks Chris has been buying and thinks SilverCrest will be a stock to bounce back quicker than the rest.
If you have any follow up questions for Chris please email us at Fleck@kereport.com or Shad@kereport.com.