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.

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Minco Silver Corp

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Comment by cruisieon Nov 15, 2011 3:55pm

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Post# 19239285

RE: RE: RE: RE: just bought some

well if you really read the MD&A you will see that the cash position is indeed 21.2 million, but the short term investments are 49.5 millionWhat are these short term investments then? As Minco explains later on: As at September 30, 2011, short-term investments consisted of cashable guaranteed investment certificates ($40.0 million) and money market funds ($9.5 million). The yields on these investments were 0.3% to 1.65%.To me that's 70 million cash....

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