Mining Stocks News: SilverCrest (TSX: SVL) (NYSE MKT: SVLC) Announces New Discovery at Ermitaño El Durazno Target

Vancouver, BC - February 19, 2015 (Investorideas.com Mining Stocks Newswire) SilverCrest Mines Inc. (TSX:SVL: NYSE MKT: SVLC) is pleased to announce initial results of exploration drilling at the El Durazno Target within the 100% held Ermitaño I concession in Sonora, Mexico. Nine (9) shallow drill holes, totalling an estimated 2,656 metres have been completed. The objective was to initially drill test surface mineralization for potential open pit targets. El Durazno is the first of several targets identified by surface work to be drilled in the Ermitaño I & II and Cumobabi concessions. Please refer to news releases dated January 14, 2014 and November 18, 2014 on the Company's website at www.silvercrestmines.com for more information.

N. Eric Fier, CPG, P.Eng., President & COO stated; "This is the first known exploration drilling within the Ermitaño concessions. This drilling has resulted in the discovery of near surface gold and silver mineralization at El Durazno which we believe confirms a potential low grade oxide open pit target.

Read more: SilverCrest ( SVL / SVLC )

By Chris Berry of the Disruptive Discoveries Journal

A great deal of attention has been placed recently on the resurgence in rare earth prices and the concomitant increase in share prices. Given the general bloodbath in the mining sector since 2011, this is extraordinarily welcome news. Nevertheless, it leaves one question unanswered: Is this enough? Specifically, is a double digit increase in underlying commodity prices enough to make specific projects “economic” and justify the start of a new cycle?

I think the answer in most cases is no, but this then raises a second question. The tailwind of select higher commodity prices (should they last) will undoubtedly help project economics, so how do you accurately value a company with no revenues, no cash flows, no operating history, and management with limited (or no) operational experience?

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by Jonathan Chevreau @JonChevreau

Now that most Canadians and their advisers have gotten the message across about the rising power of tax-free savings accounts (TFSAs), some are beginning to question whether RRSPs are even relevant anymore.

In a nutshell, they are, at least for the vast majority of people still working and trying to put aside some money for retirement.

Remember first that the RRSP and TFSA are mirror images of each other. Mathematically, they behave in almost the same way in terms of the ongoing elimination of tax on investment income, but where the RRSP has an upfront tax deduction that lets contributors lower their taxable income, the TFSA does not.

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By Rachel Fox of FoxOnStocks.com

If you’ve read many my previous Fox on Stocks blog posts, you know I don’t EVER go for earnings plays. When a company reports earnings, it adds so much risk and volatility to any trade and makes price movement erratic and nearly impossible to predict. When you make a trade based on earnings reports, you usually use fundamental information about that particular company and buy long or sell short the stock based on how you feel the company performed the previous quarter.

This past earnings quarter, I stepped outside my comfort zone and decided to trade a stock during its earnings report release. I traded a stock whose company was predicted to show poor earnings. I was playing the contrarian in this situation and took a long position in the stock. The underlying stock was YHOO and the analyst consensus was that Yahoo’s earnings were going to be below analysts’ expectations.

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By @CodyTrades

I’ve been thinking about writing this blog post for a long time but a rant by @peterkto made me click “new post” so here we go! (If you don’t follow him, you should)

My philosophy in daytrading is to create a consistent and respectable amount of profit stream while staying as stress-free as possible. Because, stress is bad for health, and for trading performance. So how do I try to manage this? (It’s not always possible, of course!)

Disclaimer: Note that this is only how I like doing things. There isn’t only one right way to trade. I just wanted to give my perspective.

1) Recognize that being “whipsawed” is one of the worst things that can happen to you. By whipsaw I mean when the stock goes through your stop - only to continue in your direction.

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