Likes it. As they drill out, they grow their reserves; and they have the leverage. This has moved up, so he will likely trim a bit. You can enter it here, despite the huge move up lately. A pure silver producer.
Silver is the poor man's gold. SVL is not far along as MAG but worth buying for silver speculators. Their current deposit is better than the last one they sold. Their exploration is becoming predictive, though there's no guarantee of course, but looks good. He owns alot and likes this a lot.
(A Top Pick Nov 27/18, Up 139%) Still loves it. It has one of the highest-grade development projects in the world, in Mexico. First Majestic will likely acquire Silvercrest.
He follows it. They are finding high-grade silver in a Mexico project which will lead to upside. Take a look at the new government in Mexico, though. He doesn't think politics there will affect silver, though (maybe other commodities).
Has a $4.50 target.
Silvercrest Metals (SIL-T) or Silvercorp Metals (SVM-T)? This one is a fairly small deposit, but with high quality people.
SilverCrest Metals Inc is a Canadian stock, trading under the symbol SIL-T on the Toronto Stock Exchange (SIL-CT). It is usually referred to as TSX:SIL or SIL-T
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On 2023-06-09, SilverCrest Metals Inc (SIL-T) stock closed at a price of $8.38.