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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 snoozlegroibon Sep 02, 2011 1:49pm
547 Views
Post# 19007543

Bargain Hunting

Bargain HuntingI bought my first shares of SVM last week at 7.86, and I just picked up some more at 7.12.  I agree with BMO that any weakness should be viewed as a rare buying opportunity.  We'll see what happens next week, but I'm guessing that the bulk of the selling is taking place today, as those people who are afraid of holding it over the long weekend are dumping their shares, creating an opportunity for bargain hunters like me.  So I expect that the lows in this stock will be put in today, but if it goes lower next week, I'll be ready to pick up some more cheap shares.  
Bullboard Posts