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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
Comment by shortUSA2on Jan 22, 2008 1:00am
187 Views
Post# 14239994

RE: Tomorrow morning

RE: Tomorrow morningI think your right BNPUN.   Tomorrow is a critical day.   Right now the market has priced in a 50 point cut and this is quite obviously going to be too little too late.   If they're smart they'll pre empt what is likely to happen tomorrow by way of a 100 point cut pre market.   Otherwise, you've got every US investor looking at Monday's carnage knowing that their own market is guaranteed to tank on Tuesday.    We could see black box selling like never before if nothing is done by the Fed to intervene.    I think its important that gold hold above 850 as this is where it recently broke out.   If it holds, gold is free to resume its uptrend.  If not it could be a longer correction and consolidation and silver would of course follow suit.
Bullboard Posts