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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 goldnsilon Aug 05, 2008 1:51pm
379 Views
Post# 15358952

It is kind of strange

It is kind of strangeon Feb. 27 we opened at 10.19. Three weeks later SVM anounced a share buyback on Mar. 20 with shares
opening a 7.76  with the company reporting that the shares are undervalued. This is already a 24% correction.
Since that day today interday @ 4.33 the shares are down another 44%. Now we being undervalued at 7.76
what are we now is chump change. At these levels these shares are extremely undervalued. I do think the company should promote itself more ie. shows, investment conferences, BNN, etc. Hecla has been getting hammered to along with us.
Bullboard Posts