Minco Silver Corp T.MSV

Alternate Symbol(s): MISVF

Metals & Mining Silver

Minco Silver Corporation is a Canada-based silver mining company. The Company is focused on the acquisition and development of silver properties. The Company’s project includes Fuwan Silver Project and Changkeng Gold Project. The Company, through Changfu Minco Co. Ltd., holds Fuwan Silver Project, which has Luoke-Jilinggang Permit on the Fuwan area covering a total area of approximately 21.75 square kilometer (km2) located in Gaoming County, approximately 45 km southwest of Guangzhou Province. The Company holds a 51% interest in Mingzhong, which owns the Changkeng Gold Project. The Changkeng Gold Project immediately adjoins the Fuwan Silver Project. Its subsidiaries include Minco Investment Holding HK Ltd. (Minco HK), Minco Resource Limited (Minco Resources), Guangdong Changfu Mining Co. Ltd. (Changfu Minco), Minco Mining (China) Co. Ltd. (Minco China), Tibet Minco Mining Co. Ltd. (Tibet Minco), and Mingzhong Mining Co. Ltd.

TSX:MSV - Post by User

Minco Silver Corp

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Post by bot_feederon Jun 14, 2010 1:10pm

583 Views

Post# 17186453

arbitrage

Minco Gold indicates it has 43 mil shares, 48 mil fully diluted.

And owns 13 million shares of Minco Silver

Thus, assuming a stock price of 2.80 for Minco Silver, the value of Minco Gold's stake in Minco Silver is:

2.80*(13/43) = 85 cents

2.80*(13/48) = 76 cents fully diluted

So it appears you are not quite getting gold for free but pretty darn close.

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