SilverCrest Metals – Commercial Production Declared, How This Silver Miner Stacks Up In The Sector
Chris Ritchie, President of SilverCrest Metals (TSX:SIL – NYSE:SILV) joins us to recap the news today declaring commercial production at the Las Chispas Project in Mexico. In under 7 years the Company went from discovery to commercial production. Even more impressive in this market is the mine was built on budget and on time.
After recapping what it means to declare commercial production we discuss how this could help the Company renegotiate its current debt facility and options to pay down the debt.
We also focus on where Chris sees possible buying coming into the stock. A possible inclusion into GDX, short covering and simple demand for a profitable silver miner are all areas we discuss.
If you have any follow up questions for Chris please email us at Fleck@kereport.com and Shad@kereport.com.