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Minco Silver Corp T.MSV

Alternate Symbol(s):  MISVF

Minco Silver Corporation is a Canada-based silver mining company focused on the acquisition and development of silver properties. The Company’s Fuwan Silver Project is located in Gaoming Country approximately 45 kilometers (km) southwest of Guangzhou City, the capital of Guangdong Province. The property is adjacent to Minco Gold Corporation's Changkeng Gold Property. The Company holds three exploration permits, totaling approximately 125.74 square kilometers (km2). The first, the Luoke-Jilinggang, is approximately 57.16 km2 in size and is held by Foshan Minco, while the other two permits, the Guyegang permit totaling 55.88 km2 and the Hecun permit totaling 12.7 km2, are held by Minco China in trust for Foshan Minco. Its subsidiaries include Minco Investment Holding HK Ltd., Minco Resource Limited, Guangdong Changfu Mining Co. Ltd., Minco Mining (China) Co. Ltd., Tibet Minco Mining Co. Ltd. and Mingzhong Mining Co. Ltd.


TSX:MSV - Post by User

Bullboard Posts
Post by humblebayon Jun 24, 2015 7:07pm
367 Views
Post# 23865702

going private and get listed in China.

going private and get listed in China.Minco has almost 67 millions cash + marketable securities + shorterm investment while its market cap only 30m. it's insane. why is that? how can our shareholders at least get part of money back? I believe the current management should consider going private let's say 1.5 dollars and get the company listed on shanghai or shenzhen exchange. they can't get the permit by themselves but they might get the permit as a Chinese public company. lots of nasdaq listed Chinese companies are going private and try to get listed on Chinese market. the valuation is 100 times higher than here.
Bullboard Posts