SilverCrest is a great company of successful explorers and mine-builders who’ve delivered for shareholders before. Their new project already looks like a high-margin mine in the making. However, the stock rose faster than I thought it would and the company is being given a lot of advance credit for a mine not yet built, so I put a trailing stop loss on it, which was triggered in late October. I’d be happy to still own the shares, but discipline is vital, so I exited my position. I’d be delighted to buy again if the stock goes on sale for no good reason, as often happens in the junior resource sector.