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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 snoozlegroibon Sep 05, 2011 4:25pm
403 Views
Post# 19012478

RE: RE: No Divvy Needed

RE: RE: No Divvy NeededI'm the guy who made the original post, I'm a shareholder, I'm long, I'm not short, and I'm not lying.  I have nothing against your idea of a special 20-cent divvy, but I'd rather see them keep the 40 mil and spend it on development of their new Canadian project.  You may or may not be right that issuing a divvy would cause a short squeeze, but if they have to give away money as an inticement for people to buy their shares, I think there's a better inticement, namely acquisition and development of more projects to produce more revenue.  As a shareholder, that's what I'd rather see, because that's what I think will do a better job of increasing the value of my shares.  GLTA
Bullboard Posts