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.

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Comment by BNPUNon Aug 11, 2011 3:41am

371 Views

Post# 18929666

RE: CME margin hikes (of course)

The best thing they could do for the gold and silver price would be to raise margin rates to 100%.

Then everyone would realize there is no advantage to trading paper gold and silver, and instead would just buy the real stuff. With no margin capability, why own paper gold?
Just imagine the worldwide pressure that would put on the gold price then.

So the sooner they increase the margins the better. Fukkem.

That would also put incredible upward pressure on the mining company shares.

So BRING IT ON!!!

Also keep in mind that the margin hikes are only in the US. Gold and silver are now trading in Hong Kong remember.

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