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SilverCrest Metals Inc. (SIL.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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8.21+0.09 (+1.11%)
At close: 04:00PM EDT

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  • D
    Dm
    If silver goes down 3% this stock goes down 8% and when silver goes up 8% this stock goes up 5%. FOMO clearly didn’t kick in yet.
  • J
    JEFFREY
    Update overall positive: gradually getting reliable power and processing of material increasing. Ramping things up….running low grade through first, eventually will be processing higher grade from the underground mine. Think they will be in good shape by Q1 2023. Hold on for strong production results….then stock should rip higher (we hope)
  • d
    dan
    This has been painful, but whenever Silver reverses SILV is going to be a rocket ship!
  • D
    Dm
    So, on a 5% up day for silver we hardly go up. That’s insane!
  • D
    Dm
    Good to see they don’t need the last batch of credit. Can’t wait what will happen in 2023. How high will production be and what prices will our metals have. Exiting times for investors🤞
  • D
    Dm
    Comex vaults under 60 million ounces of silver now. In a short time it went from just over 80 million to just under 60 million ounces. Since the start of the “silver squeez” it went from around 150 million ounces to just under 60 million ounces. In this time period the price of silver went down $12.

    And than there are people who say there’s no manipulation! Silver will skyrocket at some moment and miners like this one will rise even harder in the proces.
  • T
    THE "GREAT ONE"
    DM......THATS THE SMARTEST THING YOU EVER SAID. I AM ALL IN ON SILV, BUT IT CERTAINLY HAS NOTHIN TO DO WITH YOU. KEEP RIDIN MY COAT TAILS, AS I AM ALSO IN ON PAAS, MAG SILVER, SSRM, AND SAND, AS WELL. LEAR FROM THE "GREAT ONE" !!!
  • B
    BullCall56
    First support ~ $5.20

    A bit surprised at the % of today's s/p drop - no worries though. Buying at $5.42 and will be adding more as/if the s/p drops. Bullish long-term
  • F
    Former Deputy Assistant
    Rick Rule is talking the shares up on Wall Street Silver Utube today. Can't hurt, even on this treacherous slope we find ourselves with regard to price of silver and miners, etc.
  • J
    Jack
    This is a great stock. Although it has a very high valuation it still has plenty of room to grow over the next two quarters. Production in 2 quarters then true value will settle in. I have owned this since it sold Sta Elena to First Majestic and it has always performed well, management is open and brillant, and they are in a better area of Mexico.
  • D
    Dm
    What a good news today! Construction is ahead of planning, within projected costs and on top of that current metal prices are much higher than calculated. This company will return great for their shareholders. Hopefully they can produce one or two quarters earlier than calculated.

    All good news!😁
  • F
    Fernando
    The Robinhood crowd upset the big manipulation of markets by hedge funds that were shorting Game stop GME. The power of modern day interconnection among investors allowed the user of the platform to reverse the original plan of the hedge fund by buying the stock and forcing the fund to cover their short forcing demand to rocket up. The rumor is that they intent to do this to the silver market to take the price from $25 to $2,000.
    Silver trading market is very small compared to gold and the futures market makers manipulate these market and keep the price of gold and silver down with paper trading.
    Like a run to the bank in times past, when depositors in the bank all went to demand their money at once the bank had to close down because they did not have the money in the vault, they had lend hundreds of times the money in deposit. Like wise these banks that control the markets have sold hundreds of times more onces of gold and silver than the quantity in deposit held as guarantee. If investors demand delivery all at once they are forced to buy the metals to pay the holders of the futures contract. Thousands or millions of small investors that synchronize their trades and demand delivery at the same time can have what amounts to a run at the bank which in this case has to go to the open market to buy physical gold or silver and push the price of the metal up.
    The net long term effect of this maneuver will be to curtail the manipulation of the precious metals market by market makers that leverage their contracts hundreds of times more than they should.
    This is my opinion only and it is only a logical analysis so take it with a grain of salt
  • T
    Thing3
    If this was a dilution, and it was, it sure did not seem to hurt. The price was $9.20, so RaymondJames and others will now be trying to sell their 13mill shares at >9.20, meaning that the sp may not go much above 9.20 till RJ sells all their shares, but then RJ will not be selling if the price drops below 9.20, acting as a little support. I go hit with a dilution in a medical stock at $2, it dropped about 20%, I gave up and sold, and it went to $80 (IMMU). I would not be messing around on this board if I had held on. I think Iwill hold on because I think SILV will use the money well, and because silver should go up. Is this the best silver stock to own, ??? YPYMYTYC.
  • d
    dan
    OK, folks.. here we are approaching the price of most recent financing deal (9.20) which I consider launch pad zone. Look at their presentation slide showing all previous bought deals on the historical price chart - what a beautiful thing! And now we are transitioning to production WAY ahead of schedule on every possible metric.. Unprecedented actually. And just look at the set-up for launch - they have more eye popping drill results in their back pocket ready to come out with any time with PM's percolating for a move higher. I also expect the next PR to include an update on mine development which could be significant. Anyone familiar with the Lassonde Curve?
  • d
    dan
    This thing is on the launch pad.. When Silver breaks north we get ignition, when the next PR comes out we go to the upper atmosphere, when the market sees first qtr of production results we go interstellar! :)
  • J
    Juwana Smoke
    Seven straight green closes and looking at an eight today- new 52-week high, solid news and a terrific chart- great play- stick with SmallCapCanada for the best opportunities from across the Canadian markets- they focus on the undervalued and overlooked companies and deliver quality reports- SmallCapCanada
  • M
    Mark
    New PEA due out soon. Expect upward spike. Don't be left behind
  • c
    carlos
    Looks like a big bets were placed that FED will have to address Yields soon or lose creditability. ...Powell speaking tomorrow silver will soar
  • T
    Thing3
    SILV seems to have some cash to keep operations going, and I do not see any one mentioning dilutions. It does seem to have broken out of the $7 to $8 range. Does anyone know the long range plan for SILV, they cannot just keep digging. Are they ever going to mine on their own, or is the plan to sell off the exploration sites? Explorers are often risky, but also have extreme potential. Why is there so little in this board? Have any of you people seen the Midas board? Who is hyping SILV?