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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 BNPUNon Jan 09, 2010 5:25pm
226 Views
Post# 16659785

RE: million $ ?

RE: million $ ?One thing to keep in mind is that the US has (well, reports to have) more gold than any other country in the world.

Maybe they're not so dumb after all. 

Even if their debt soars to an even crazier level, if they really do still have all that gold then they could conceivably just cash it in and eliminate a lot of that debt.

Just a thought...
Bullboard Posts