The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Newsfile Corp

SilverCrest Mines Receives Outperform Rating on National TV by StoneCap Securities Analyst Christos Doulis

Friday, June 14, 2013

SilverCrest Mines Receives Outperform Rating on National TV by StoneCap Securities Analyst Christos Doulis

13:51 EDT Friday, June 14, 2013

Vancouver, British Columbia--(Newsfile Corp. - June 14, 2013) - SilverCrest Mines (TSXV: SVL) (NYSE MKT: SVLC) was highlighted in a recent interview of Christos Doulis by BNN's commodities' anchor, Andrew Bell.

Christos Doulis, analyst at StoneCap Securities, discussed the outlook for silver, and SilverCrest Mines, the only silver equity that he ranks as an outperform. He gives the company a 12-month target price of $2.75, a 55% premium to the current $1.77 price.

To view the BNN interview, please follow this link , or if the link is not enabled, enter " " in your browser.

To view this video, please visit:

SilverCrest's flagship property is the 100%-owned Santa Elena Mine, which is located 150km northeast of Hermosillo, near Banamichi in the State of Sonora, Mexico.

The mine is a high-grade, epithermal gold and silver deposit, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag:Au). SilverCrest anticipates that the 2,500 tonnes per day facility should recover approximately 4,805,000 ounces of silver and 179,000 ounces of gold over the 6.5 year life of the open pit phase of the Santa Elena Mine.

InvestmentPitch's Ted Ohashi, along with Silver-Investor's David Morgan, recently interviewed SilverCrest President, J. Scott Drever. That interview can be viewed here, or if this link is not enabled please visit and enter "SilverCrest" in the search box.

For more information please visit the company's website , or contact Fred Cooper at 1-866-691-1730 or email .

For more information about StoneCap Securities, or to obtain a copy of their research report, contact them at or email Christos Doulis at .

About InvestmentPitch, a multimedia company that provides a combined solution for creating and hosting financial video content, and distributing it across multiple platforms to investors and financial professionals, specializes in producing three minute videos based on news releases and research reports.

Barry Morgan, CFO

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail App

    The New Globe and Mail App for iPhone®, iPad® and Apple Watch download

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Secure Service
Customer Service
Advertising Privacy
Globe Recognition
Mobile Apps
Other Sections