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Silvercorp Metals Inc. T.SVM

Alternate Symbol(s):  SVM

Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company’s strategy is to create shareholder value by 1) focusing on generating free cashflow from long life mines; 2) organic growth through extensive drilling for discovery; 3) equity investments in potential world class opportunities; 4) ongoing merger and acquisition efforts to unlock value; and 5) long term commitment to responsible mining and ESG.


TSX:SVM - Post by User

Bullboard Posts
Post by Dave4444on May 15, 2006 10:25pm
302 Views
Post# 10843911

Seems to me that the drop today was

Seems to me that the drop today wasmore than just the general decline in the market, I think it was the market decline plus the Mongolia news. The news of an excess profit tax in Mongolia has to make people nervous that other countries could follow suit. Therefore, anyone already nervous about China is going to panic a little. However, there does not appear to be any indication that China would follow Mongolia, therefore I would think the stock decline is temporary. IMHO
Bullboard Posts