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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 h52wilsonon Sep 14, 2011 10:50am
468 Views
Post# 19040793

Trading Could be Stopped like Sino

Trading Could be Stopped like SinoDisclosure - own Sino Forest - don't own SVM and won't.  The authorities could issue a cease trade order like they did with Sino Forest at any time and then your money will be tied up, possibly for months.  I made some good money trading Sino Forest but unfortunately hadn't yet sold when they issued the cease trade order.  As a daytrader, having your money locked up for months is disastrous.  The authorities are under pressure to investigate all these Chinese companies now that the short sellers are coming out of the woodwork with all sorts of allegations.  It seems criminal but somehow they are getting away with it until now.  Whether proof comes out that they are right or not, the damage has been done to these companies.  I am not a basher at all just a small daytrader that has been caught.  Being forwarned is being forarmed.  No one would have expected Sino to be forced to stop trading for months.  It could happen here just as easily.
Bullboard Posts