Morning Coffee (12/5/12) "SilverCrest Mines Inc. reported infill drilling results from its Santa Elena silver mine. . .results ranged from intercepts of 1–38.9m grading 0.22–4.92 g/t gold and 28–277.4 g/t silver. . .these results continue to demonstrate the potential to convert additional reserves and expand the resource base along strike and at depth."
Brian Post, ROTH Capital Partners (12/5/12) "Drilling results from the UG portion of Santa Elena continue to show promise, in our view. . .Q3/12 revenue equaled $16.7M (versus $14.0M est.) on silver and gold sales of ~151 Koz and ~7 Koz, respectively. . .in addition to the upcoming prefeasibility study, we expect the company to begin making more sizable investments on long lead items for the Santa Elena mill. . .we expect production, profitability and operating cash flow improvements to materialize as the company accesses the richer portion of the deposit and reaps the benefit of paying off its gold hedge."
Christos Doulis, Stonecap Securities (12/5/12) "SilverCrest Mines Inc. released drill results from its Santa Elena mine. . .two stepout holes did intercept mineralization ~100–150m beyond the boundary of existing resources. . .we continue to maintain that at current share prices, investors are getting the Santa Elena mine for a good price and are paying nothing for the company's La Joya project. . .we are maintaining our Outperform rating."
Disappointing stock price action. Hopefully the investors will heed to the statements and create some support..