Strathclair Ventures (fka svl.t)

[McBeanburger]

Silvercrest increase their silver resources to:

Total Indicated Silver Resources
28,509,014

Total Inferred Silver Resources
14,799,235

http://www.newscaster.ca/silvercrest/custom/news.asp

Ok let's do the math thing.

Fully Diluted * Share price = MC
25,140,965 * 1.58 = 39,471,315

Resource Est * Silver Price * Nominal in the ground silver value = New Corp Value
43308249 * 8 * 25% = 86,616,498

I guess they feel they are undervalued and should be 3 bucks. Honduras is still a big factor here. Still with those intercepts I would like to see them drill El Zapote property further. That and drill the Mexican property, both of which they tell me they are working towards now.

McHommel