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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 mick1455on Jul 09, 2009 12:15pm
389 Views
Post# 16127447

Silver to Outperform Gold

Silver to Outperform Gold

Yup....just like we knew it would!

Silver Set To Outperform Gold, Citi Argues

 

LONDON -- Silver is set to outperform gold, argued Citigroup in a note published Thursday, with the broker saying investment flows into gold are moderating while the outlook for silver is improving. The ratio fo gold-to-silver prices should return to its historical norm between 55 and 60 from the current 69, it said. It upgraded Fresnillo and Peter Hambro Mining to buy from hold, downgraded Randgold Resources to hold from buy and upgraded Hochschild Mining to hold from sell on reduced balance sheet concerns and the silver outlook.

Bullboard Posts