Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Strong Cash Flows, Debt Free, Healthy Balance Sheet - The Operation is estimated to generate average annual post-tax free cash flow of approximately $84.3M from 2023 to 2029 at the Base Case. SilverCrest has paid off 100% of its $90M debt since commercial production was announced in November 2022 and at the end of Q2, 2023 had accumulated a treasury assets1 balance of $59.0M.
The Company's principal focus is its Las Chispas Operation in Sonora, Mexico.
You betcha
SILV newer 52=hi
Are we breaking out?
Horrible. Just horrible.
Earnings and Revenue are growing. Nothing to see here.
Brushing up on my sarcasm.
Could be breaking out from consolidation. Look for silver to take out $30.
We'll have a good run when this happens.
IMO...of course!
Great Video
Copy/Paste the following link into your browser: https://www.youtube.com/watch?v=o9dN1rzwMko
I hope their earnings suck on Monday. It will be a silver lined buy opportunity. Makes sense to grow bullion holdings. Why bail out the cartel. Make them pay up. SMART!
Like the strategy. Share buyback and
growth of bullion holdings.
What's Eric Fier know that we don't???
Team hold strong. I have added substantially as of late. Buy when there's blood in the streets. Silvercrest is one of the best mining stocks. I believe there will be great election and economic chaos later in the year and Silver will ROCKET.
WWG1WGA
It will be interesting who made the cut:
The Big Open Secret
Quote the Raven - Fringe Finance
Riggers will have to cover. Screw them. The rigger cabal is going down. Silver bout to moonshot. Parabolic. Unobtanium.
Get it while you can. I'm bout to get paid..............................................................bigly!
P/B is 2.05. For all you K-kart shoppers it remains a blue light special, imho!
Ended the quarter debt free with treasury assets2 totaling $81.7 million (cash of $70.0 million and gold and silver bullion of $11.7 million).
Debt Free???? WTF is that???
$7.1 million spent under active Normal Course Issuer Bid ("NCIB") in only 7.5 weeks, representing 20% of the allowable 7.4 million common share limit.
80% to go according to my abacus.
Cash flow from operating activities before changes in non-cash working capital items of $40.9 million or $0.28 per share.
Revenue of $63.8 million and cost of sales of $26.4 million, resulting in mine operating income of $37.5 million, which represents a 59% operating margin.
Read the history section. Silvercrest Mines. Earnings on deck!
POF.COM
Set that drag. They're big!!
Actually quite well. I'm up 17.33% as of this moment. Thank you for asking.
How's that average down thinking working out fur ya?
Why not Silver Citi?
Citi Takes Delivery
Unobtanium?
MACD reversal. Sector Bullish % reading favors being long. Normal Course Issuer Bid and options, specifically puts (open interest), suppress price. De$$ization. Constitutional $$. Industrial use. Limited production. All positives, imho.
Chart needs volume!
Blue Light Special. Aisle SILV...
Congrats and excellent strategy to average down, imo. % of stocks in the mining sector on a point and figure buy signal is roughly 10%. Last year it got down to 4%. These are extremely low readings (risk of being long is minimal), which is why I agree on a strategy of averaging down. JPMorgan's 3 year moratorium is up so they're right back in there rigging the silver market according to my sources. Jamie and his cohorts are criminals. Not to mention JPM was the sole financier to Epstein. Lock the MFer up. Impeach brandizzy. Muzzle Kamala Toe.
I hopped in at 4.50 and looking to average down along with a watchlist that has been tanking! Let’s go brandizzy
Not sure why. Full of a bunch of positives, imo. Maybe I'm biased. Anyhow, gippidy gap has filled. Bullish % reading of 14% is low. Blue light special!
Let's go Brandon!
SILV
SilverCrest Metals Inc
4.83
-0.05 (-1.02%)
Volume: 1,049,947
Day Range: 4.81 - 4.99
Last Trade Time: 8:00:00 PM EDT
I guess the market didn't like the technical report?
I guess the market didn't like the technical report?
BRICS introducing gold standard. EU doing CBDC, maybe?? Gold Miners Bullish Percent chart in X's (adjusted scale) @ 39.28%.
SILV
SilverCrest Metals Inc
5.81
0.15 (2.65%)
Volume: 722,333
Day Range: 5.70 - 5.90
Last Trade Time: 8:00:00 PM EDT
SILV
SilverCrest Metals Inc
5.77
0.08 (1.41%)
Volume: 698,751
Day Range: 5.71 - 5.85
Last Trade Time: 8:00:00 PM EDT
SILV
SilverCrest Metals Inc
6.50
0.13 (2.04%)
Volume: 862,943
Day Range: 6.26 - 6.46
Last Trade Time: 8:00:00 PM EDT
60% debt reduction since commercial production commenced.
SILV
SilverCrest Metals Inc
6.55
-0.06 (-0.91%)
Volume: 618,322
Day Range: 6.48 - 6.60
Last Trade Time: 8:00:00 PM EDT
SILV
SilverCrest Metals Inc
6.67
0.02 (0.30%)
Volume: 788,149
Day Range: 6.4146 - 6.685
Last Trade Time: 6:30:00 PM EDT
Total Trades: 6,443
Reduce Debt, Generate Revenue and have Cost Controls? How dare him!
Isn't banking a better sector to be in? Check out FRC's chart.
Another one bites the dust.
Notable improvement in our 2022 Lost Time Injury Frequency Rate (“LTIFR”)*** to 0.42 from 0.63 in 2021.
Local community-based multi-year projects have advanced with a focus on water and sewage infrastructure.
Released Task Force on Climate-Related Financial Disclosure (“TCFD”) and Water Stewardship Reports, inaugural ESG report to follow in 2023.
Financial position remains strong with debt refinancing completed at a lower rate and a reduction of debt outstanding by $40.0 million. Exited 2022 with $50.8 million in cash and $50.0 million in debt.
* NI 43-101 Technical Report & Feasibility Study on The Las Chispas Project dated January 4, 2021 (the “2021 Feasibility Study”)
** AgEq is based on the 2021 Feasibility Study Mineral Resource and Reserve gold to silver ratio of 86.9:1 calculated using US$1,410/oz Au and US$16.60/oz Ag
***based on 200,000 work hours
Pierre Beaudoin, COO, remarked, “2022 was a pivotal year for SilverCrest with construction completed slightly ahead of schedule and under budget which is a rare achievement in this industry. This milestone set the positive tone for the ramp-up and declaration of commercial production in Q4, 2022. We are currently working on optimization of Las Chispas operations, and we expect to complete its Updated Technical Report in Q2, 2023 to provide the foundation for production and cost guidance going forward.”
N. Eric Fier, CPG, P.Eng, and CEO, stated, “We are very pleased with our progress at Las Chispas. Within five months of our first metal pour we declared commercial production, refinanced our previous project financing facility, which we did not fully draw, and reduced our total debt outstanding from $90 million to $50 million. As we begin 2023, our focus is on generating revenue and using established cost controls to maximize free cash flow and pursue growth opportunities.”
they have mine silver 4' wide
https://www.silvercrestmetals.com/
http://www.silvercrestmetals.com.
Followers
|
16
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
259
|
Created
|
10/31/18
|
Type
|
Free
|
Moderators |
Suite 501
570 Granville Street
Vancouver, BC V6C 3P1
Canada
N. Eric Fier, CPG, P.Eng
Chief Executive Officer
SilverCrest Metals Inc.
For Further Information:
SilverCrest Metals Inc.
Contact: Jacy Zerb, Investor Relations Manager
Telephone: +1 (604) 694-1730
Fax: +1 (604) 357-1313
Toll Free: 1-866-691-1730 (Canada & USA)
Email: info@silvercrestmetals.com
Website: www.silvercrestmetals.com
570 Granville Street, Suite 501
Vancouver, British Columbia V6C 3P1
No securities regulatory authority has either approved or disapproved of the contents of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54841
PER IHUB MGMT |
02-07-2021
DISCLAIMER: ONLY FOR MICK
https://investorshub.advfn.com/boards/profilea.aspx?user=1012
*The Board Monitor and herewithin , are not licensed brokers and assume NO responsibility for actions,
investments,decisions, or messages posted on this forum.
CONTENT ON THIS FORUM SHOULD NOT BE CONSIDERED ADVISORY NOR SOLICITATION
AUTHORS MAY HAVE BUYS OR SELLS WITH THE COMPANIES MENTIONED IN TRADING POSTERS SHOULD DUE DILIGENT BUYING OR SELLING.
ALL POSTING SHOULD BE CONSIDERED FOR INFORMATION ONLY. WE DO NOT RECOMMEND ANYONE BUY OR SELL ANY SECURITIES POSTED HEREWITHIN.
ANY trade entered into risks the possibility of losing the funds invested.
• There are no guarantees when buying or selling any security.Any
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |