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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 Sep 28, 2007 11:59pm
416 Views
Post# 13492604

"Why don''t you sell and move on?"

"Why don''t you sell and move on?"Thanks Kensin and Bowmac. Lots of anticipation here today on the board. As for what was said: Some of his comments like, " You guys bought when the stock is low, why don't you sell and move on?", were a little unsettling. What kind of a CEO would say something like this? He must read this board and doesn't like what he has seen written here. I've never heard of a CEO acting this way toward shareholders. Did anyone ask him why Cathy was "dismissed"? With a 10% reduction in earnings from what was expected, I think we may have quite a wait before we see $30. Unless silver takes off here, which it looks like it wants to do. Speaking of silver prices, does SVM get paid market prices for their silver, or does the Chinese gov't set the price they are paid for it? Anyone know?
Bullboard Posts