Speaking with Greg Crowe of Silver One Resources


Earlier today, I had the opportunity to speak with Greg Crowe, the CEO of a new company called Silver One Resources. Given that Silver One recently acquired some projects from the portfolio of First Mining Finance, this podcast is a must listen for anyone interested in speculative stories within the mining sector.

Silver One actually just came into being last month with the purchase of three projects from First Mining Finance. Here's the press release from August 22 that describes the acquisitions: https://silverone.com/_resources/news-releases/Silver-One-Aug-22-2016.pdf Here's the press release from First Mining Finance that came out the same day: https://www.firstminingfinance.com/news-room/first-mining-finance-enters...

The purpose of this interview is to make everyone aware of the company and to draw attention to their efforts. More information can be found at Silver One's website: https://silverone.com and you can find their shares trading on the Toronto exchange under the symbol "SVE" and in the US with the symbol "SLVRF".

This is a unique situation for long-term investors who are looking for a highly speculative opportunity in silver. If that's you, then please be sure to give this podcast a thorough listen and then do your own due diligence before taking any follow-up actions.

Thanks go out to Greg for taking some time to visit today and I'm very excited to follow the prospects of Silver One!



Sep 12, 2016 - 3:38pm

Deuce again


Sir Peter Latterman Fortenton
Sep 12, 2016 - 3:40pm

the coveted Turd (Third said

the coveted Turd (Third said in an Irish republic accent)

Sep 12, 2016 - 3:45pm

First (Mining Finance)

Numero uno! FF.V with a 7.2% stake and 2.5% NSR!

Yahoo, good goin' Keith! Pure plata!!

Sep 12, 2016 - 3:46pm


I spoke with Keith, too, and he assured me that spinning off projects to an exploration company is entirely consistent with FF's business model.

Sep 12, 2016 - 3:48pm

My God

4th Sorry Turd but the prices are moving up not down. I got my lucky 4th. Keep Stacking

Jihk2431 TF
Sep 12, 2016 - 3:52pm

I have been an investor since early this year

And all my DD led me to understand that this is exactly what they were planning to do. They don't want to take the mining risk, but rather use these assets to gain shares or other financial relationships that will result in big time dividends for share holders without the risk typically undertake by a junior. I love the b plan and I think this is going to be a phenomenal investment based on the cost basis of these acquisitions. This and Brazil Resources should be buy and put aware investments.

Sep 12, 2016 - 4:17pm

Balance Sheet

I don't see any information like a balance sheet on their website. It would be nice to know how much cash they have on hand for exploration. If anyone comes across this information, please post.

Dr. P. Metals
Sep 12, 2016 - 4:22pm

Company Changed Names

i see they recently changed their company name. In my own personal experience, I've never seen that done for a good reason, nor had positive results in any case I've seen personally. In fact, all perished subsequently. Therefore, I'll steer clear...and hopefully this one will be successful as I own first mining finance.

Sep 12, 2016 - 4:25pm

Name change

Greg explained this to me before we recorded but I guess we didn't cover it in the interview. Apparently this is pretty common in Canada...to take an existing entity that is already listed and then convert it to a new purpose. It didn't sound to me as any sort of red flag or anything untoward.

Sep 12, 2016 - 4:50pm

Crazy Eight[h]

Top Ten again, and Marchas plucked the coveted Fourth!

It's a good day to keep stacking . . .

Sep 12, 2016 - 4:58pm

top ten

I was stuck on the old thread

Sep 12, 2016 - 5:00pm

Outstanding Interview

Thanks Turd. worth the 40cents today!

I guess my issue is as an investor in Silver One my hope is to hold an ownership share and leverage the price of silver to sell for a "capital gain" because this company will not have any revenues for 3-4 years.

The salary draw is nice for the executives while they do more paper studies to create more "shareholder value"?

Does it have to take that long to startup a mine?

Is an investors only choice to capture future metal price increases to play in the fiat banking system's stock market?

With First Mining Finance as a key stakeholder, I have no doubt that they are in no rush to reach silver production as the ounces in the ground will be worth more fiat dollars in the future.

This is just the first of Keith's roll offs and probably the only for a while as the concept proves itself out and becomes more valuable to FMF shareholders.

Sep 12, 2016 - 5:06pm

My 2 Cents

Silver One seems to be overvalued with a FD market cap of $48 million. They have 3 exploration properties which appear to have been rejected by First Majestic, which isn't a great sign. The total resources is only 13 million oz. For them to be worth $48 million, they will need to find at least triple their resources. That's possible, but it adds a lot of risk to the stock.

Compare their market cap to some existing companies:

Silver Bull: $25 million

Gowest Gold: $44 million

Moneta Porcupine: $46 million

Impact Silver: $52 million (1 million oz producer)

Treasury Metals: $55 million

I wrote this on 9/10 when they had a market cap of $53 million:

Silver One Resources is a new company formed in 2016. They acquired 3 early exploration projects in Mexico from First Mining Finance, who kept 7.2% ownership. All 3 properties need to be drilled to find a mine. Two of them have been drilled before in the early 2000s, with small historical resources. Penasco (8500 acres) has a 9 million oz historical resource at 112 gpt. La Frazada (750 acres) has a 4 million oz historical resource (250 gpt). Pluton (15,000 acres) has only had a few test holes.

It does not appear that any of these projects are slam dunk mines. It is surprising that the FD market cap of this company is $53 million. I'm not sure why investors think it is so valuable. The CEO (Gregory Crowe) was successful at his last company (Entree Gold) and sold it after he made a discovery and advanced it toward production. The CEO said they he would like to advance these projects to production. We will have to keep an eye on their intentions. They are low on cash so expect dilution soon.

Sep 12, 2016 - 5:14pm

silver one stock price was

silver one stock price was higher than ffmgf for a while today how can that be ?

Sep 12, 2016 - 5:25pm

That's a function of the

That's a function of the number of outstanding shares.

Thanks to everyone for the information added so far. Again, my role is not to make recommendations, it's to make introductions. All of the extra info helps a lot with the due diligence.

Sep 12, 2016 - 5:54pm

Tudor Gold Trenches 30,200 G/T Silver at the New Blast Zone

Do your own DD...,

September 12, 2016 16:17 ET

Tudor Gold Corp. Trenches 30,200 G/T Silver at the New Blast Zone on the Electrum Property

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 12, 2016) - Tudor Gold Corp. (TSX VENTURE:TUD) (the "Company" or "Tudor Gold") is pleased to announce that blasted bedrock trenching on the Electrum property has expanded the high-grade silver-gold mineralization at the New Blast Zone.

The Electrum project is a joint venture between project operator Tudor Gold (60%) and American Creek Resources Ltd. (40% JV partner). It is located in the Golden Triangle, north of Stewart, B.C., a region known for its dynamic, large scale precious metal exploration and mining activities.

The surface blasting program was started after the completion of the 2016 Electrum drill program, from which complete assay results are still pending and will be released once received and compiled. In total 19 drill holes, totaling 1,406 meters, were completed. A total of 1492 core samples were collected and assayed. Standard sample interval was one meter with 0.25m sub samples collected to test contacts and anomalous intervals. A specialized diamond coring drill was utilized which has the capability to drill flat holes and provides the ability to drill targets of interest with more precision. Low angle drill geometry allows Tudor Gold to take advantage of mountainside geometry and follow the surface exposed mineralization down dip.

Twelve representative specimens were collected across a central vein system on New Blast Zone. It is approximately 5 m wide and currently exposed for 15 meters along strike. The vein system is open in both directions and at depth. The central axis of the vein system is infilled with a fine-grained blackish, blue-grey mineralization. The northern contact of which is a 0.5m wide sharp edged quartz fragments in a foliated sulphide-quartz-carbonate matrix. The sulphides are pyrite, pyrrhotite, with thin galena/silver seams. The twelve representative specimens collected from the structure averages 3,461.92 grams (111.30 oz) silver per tonne and 2.24 grams gold per tonne. An 8 cm wide silver sulphide core seam returned 30,200 grams (1,065.3 oz) silver per tonne.

The following table lists the New Blast Zone results.


Clarki Stomias
Sep 12, 2016 - 6:25pm

Other Spec Mexican Silver Mining Plays

Thanks for the interview, Turd. Not to seem ungrateful but whoo-whee is Silver One a long time-horizon for a spec investment. Ditto to what Newager23 said. I think I need more than a new ticker symbol on a spun off set of properties to entice me to buy and hold. This project has a LOT of work ahead of it before you even know what it is.

If you were looking for spec silver plays in Mexico, I think SilverCrest Metals or Kootenay Silver would both be better from a proven resource and time-horizon perspective.

SilverCrest Metals already had it's big run-up this year, but is well on it's way to becoming world-class with the bonanza level drill results they just had on the Las Chispas project and a tight buyout-potential relationship with First Majestic (from the first time FM bought out their main producing Mexican mine and spun Las Chispas off to the current SilverCrest).

Kootenay Silver is another potential, if you want a solid speculative investment. It has the Promontorio project with 92 mil oz proven that just needs higher prices and another potential district level discovery, La Negra, that they are currently drilling out and would be surface-level, open-pit with a higher grade. Here's the interview David Morgan did with them at the beginning of the year. I asked Denver Dave about Kootenay on the last A2A but he was unfamiliar with them. Sounded like he was going to look into them though, so maybe they will show up on his Mining Stock Journal in the future. If so, you are welcome for the heads up ahead of time. wink

Both have seen marketcap expansion this year so they are not as enticing as they once were. I own both but DYODD, Turdville.

Sep 12, 2016 - 6:35pm

AG....First Majestic

Just repriced their bullion store price to $20.50/oz.

Dyna mo hum
Sep 12, 2016 - 7:02pm
Sep 12, 2016 - 7:14pm
Safety Dan
Sep 12, 2016 - 10:49pm

What Does That C Stand For? Hillary Knew..OOPS, See Below

Cable signed Clinton with clear "C" marking, one of thousands, yet she told FBI she doesn't know what "C" means.

Dyna mo hum
Sep 12, 2016 - 11:06pm
Safety Dan
Sep 12, 2016 - 11:06pm

What Does Remote Viewing Have To Do With PMs...

What would happen to the price of gold if a nuke hit Washington DC or Moscow or another G20 Capital? How about an earthquake collapsing a major city and its infrastructure? What about war and escalation into Nuclear war?

Many more things can be learned by remote viewing. Which is why the CIA developed a program back in the 1970-1980s and used it until recently. Now those remote viewers are providing you and me insight a month, a quarter year in advance. Learn more here at my first post:

Project Star Gate.. by Safety Dan

3 days 14 hours ago

Now here's the latest results updated. It will make your skin crawl:

Farsight's Time-Cross REVISED Results Summary: May-August

Published on Sep 12, 2016


This is a summary of the initial results for May through August 2016 from the Time-Cross Project conducted at The Farsight Institute. Individual remote viewing sessions plus more detailed analyses can be found on Farsight's web site in the Time-Cross section. Remote viewers perceive major news events the month before they happen.


Video is 31:34

Safety Dan
Sep 12, 2016 - 11:08pm

No War With US vs China Over South China Sea..

They own too much US Debt, and still buying it..

U.S. Debt to China: How Much Does It Own?

Exactly How Much U.S. Debt Does China Own? And Why?

From the article...

The U.S. debt to China is $1.241 trillion, as of June 2016. That's nearly 31% of the $4.038 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $19 trillion debt is owned by either the American people or by the U.S. government itself. For more, see Who Owns the U.S. National Debt?

China holds less U.S. debt than the record $1.317 trillion it held in November 2013.

It reduced its holdings to allow its currency, the yuan, to rise. It's loosening its peg to the dollar. That will make it more attractive to forex traders in global markets. Long-term, China wants the yuan to replace the U.S. dollar as the world's new global currency. China is also responding to accusations of manipulation. For more, see Currency Wars.

In February 2014, China reversed course and began weakening its currency again. That's because theit rose 25% in 2014 and 2015. The yuan's value is not completely free from the dollar's value. China needed to lower the yuan to remain competitive with other emerging markets. Their currencies were free-floating. For more, seeAsset Bubble and Yuan to Dollar Conversion.

China has held more than $1 trillion in U.S. debt for the last three years. That's when the Treasury Department changed how it measures the debt. Before July 2010, Treasury reports show China held $843 billion in debt.

That makes it difficult to make long-term comparisons. (Source: Major Holdings of U.S. Treasury Securities, September 6, 2016.)


What Would Happen If China Called In Its Debt Holdings?

China would not call in its debt all at once. If it did so, the demand for the dollar would plummet like a rock. This dollar collapse would disrupt international markets worse than the 2008 financial crisis. China's economy would suffer along with everyone else's.

It's more likely that China would slowly begin selling off its Treasury holdings. Even when it just warns that it plans to do so, dollar demand starts to drop. That hurts China's competitiveness, as it raises its export prices, so U.S. consumers start buying U.S.-made products instead. China must further expand its exports to other Asian countries, and increase domestic demand before it can call in its U.S. debt holdings.

China's Debt-Holder Strategy Is Working

Because of its ability to ship low-priced goods, China's economy grew 10% annually for the three decades before the recession. Now it's growing at 7%, a more sustainable rate. China has become the largest economy in the world. It's outpaced the United States and the European Union. China became the world's biggestexporter in 2010. China needs this growth to raise its low standard of living. Therefore, despite its threats, China will continue its position as the world's largest holder of U.S. debt.


Safety Dan
Sep 12, 2016 - 11:15pm

Drink Wine? Better Check List For Glyphosate Contamination

Monsanto’s Toxic Chemical Found in 100% of These Wines

Screen Shot 2016-07-11 at 1.09.35 PM

Glyphosate, the active ingredient in Monsanto’s Roundup herbicide, has been the focus of increasing scrutiny after the International Agency for Research on Cancer (IARC) determined it to be a probable human carcinogen.

Yet, glyphosate is not the only ingredient in Roundup and other glyphosate-based products, nor is it the only potentially toxic ingredient.

The formulation includes a number of so-called inert ingredients as well, and these have largely evaded scrutiny because they were concealed as proprietary “trade secrets.”

Monsanto is now facing multiple lawsuits from people who developed non-Hodgkin lymphoma after using Roundup. The suits allege that glyphosate, along with the product’s inert ingredients are to blame, and in fact that the mixture of chemicals together is far more dangerous than glyphosate alone.

According to the Intercept, one of the lawsuits states, “Monsanto ‘knew or should have known that Roundup is more toxic than glyphosate alone and that safety studies of Roundup, Roundup’s adjuvants and ‘inert’ ingredients’ were necessary.”1

More here: https://www.realfarmacy.com/monsanto-wine/

Sound Money Minnow
Sep 12, 2016 - 11:26pm

Not impresed with Silver One Resources

Good luck to everyone. Like Craig said do your own diligence. Not impressed with the interview. Hoping that Keith will do better with other FFMGF holdings. Thanks for giving us a listen Craig.

Sep 13, 2016 - 1:25am



"For the wealthy investor or institution that believe a 5-10% allocation in physical gold is good insurance, you are sadly mistaken. While Donald Trump is receiving more support from Americans in his Presidential race, his campaign motto that he will “Make American Strong Again”, will never happen. The America we once knew is over. There just isn’t the available High EROI – Energy Returned On Investment energy supplies to allow us to continue the same lifestyle we enjoyed in the past.

So, now we have to transition to a different more local or regional way of living. This new living arrangement will be based on capital that is “STORED ECONOMIC ENERGY or WEALTH.” This can only come via the best sources such as physical gold and silver."


Safety Dan
Sep 13, 2016 - 1:46am

Trey Gowdy Finds Out FBI

Trey Gowdy Finds Out FBI Withholding Information About Hillary Clinton's Interview

Trey Gowdy Finds Out FBI Withholding Information About Hillary Clinton's Interview

Video is 5:40

Sep 13, 2016 - 1:50am



Safety Dan
Sep 13, 2016 - 3:00am
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