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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 henkh73on Jun 30, 2009 9:54am
440 Views
Post# 16108158

Offer rejected

Offer rejectedThe rejection by KDX posted. I find much of the reasoning rather laughable.$0$0$0$0The issue about the volatility of the shareprice for instance: I plotted the ratio of the stockprices and it $0$0has been since KDX was valued this high relative to SVM.TO; so from a historic perspective the offer$0$0is more than fair.$0$0$0$0$0Furthermore, the KDX shareholders get shares in a worldclass silver company that is MAKING MONEY and$0$0pays a DIVIDEND!!! The KDX board conveniently forgot to mention that. I guess they just want more money,$0$0but I hope SVM just lets them hang dry for a while.$0$0$0$0$0There are lots more good deals out there and in a while we can buy KDX for half the price!$0$0$0$0$0$0$0$0$0$0$0$0$0
Bullboard Posts

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