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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 BNPUNon Jan 04, 2007 1:00pm
212 Views
Post# 11955919

What I see

What I seeWhat I have noticed is that there are almost no "investors" left in the world. Because of technology and the internet almost everyone who has a brokerage account uses charts, resistance, and support points to make their decisions. Nobody buys a company based on fundamentals. They buy at a predetermined point, usually a support area, and immediately put in their stop loss orders. Everything moves based upon whether the stops are taken out. Look at the markets. Look at how silver behaves. Everyone just wants out before everyone else sells and wants in before everyone else buys. Momentum begets momentum in either direction. There long-term holder is dead. (except, of course for those here with nerves of steel - but other than that I see no sign of anyone holding anything with any conviction) I'd like to be proven wrong, but have little hope of that happening.
Bullboard Posts