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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 Jul 21, 2008 2:35am
428 Views
Post# 15311405

RE: My thoughts, mouserman

RE: My thoughts, mouserman The numbers you posted are only what SVM received in sales.  They are not the market prices of the metals.  For example, they realized a price of 98 cents for lead in '07 when the market price averaged closer to 1.30-1.40.  WIth lead at 90 cents we might get 50-70 cents?  I'm not sure what determines the final price we receive but it will be significantly less than the market price so our by-product credits will be down from last year
Bullboard Posts