Silvercorp Metals Inc. T.SVM

Alternate Symbol(s): SVM

Metals & Mining Industrial Metals & Minerals

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

Silvercorp Metals Inc.

Bullboard Posts

Post by BNPUNon Apr 12, 2010 12:43am

580 Views

Post# 16980334

I hope you all realize...

...that when looking at a chart of SVM a reverse head and shoulders pattern is developing.
Left shoulder neckline was Nov 2009 at around 8.25.
Head was early Feb 2010 just above 5.
Right shoulder is forming right now.

If SVM breaks the neckline at 8.25 the pattern suggests we run to $11.00ish.

See you all there!

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