Hebba Investments
Long only, value, contrarian, gold & precious metals

What It Really Costs To Mine Gold: The SilverCrest Mines First Quarter Edition

Summary

SilverCrest Mines (NYSEMKT:SVLC) offers investors a producer with some of the lowest true all-in costs in the industry. With a gold-heavy production portfolio, these low costs will allow the company to be profitable even in the current low price precious metals environment. While many competitors in the gold and silver industry report negative second quarter incomes, SVLC should still report positive earnings and continue to be profitable. Additionally, a strong balance sheet gives the company much leeway in terms of its development objectives.

The company-specific challenges that investors should monitor are the company's transition from open-pit mining to underground operations and its impact on grades and true all-in costs. Additionally, investors should monitor share issuance to make...

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