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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 Kruzer70on Nov 22, 2011 4:31pm
411 Views
Post# 19259002

RE: re: this stocks underperforms ....

RE: re: this stocks underperforms ....

Bogi,

I'm speaking only in the context of recent behaviour.  I can't buy or sell history.  Also the alternatives I'm considering are only SLW, EDR, GPR and maybe HZU.  I have to make a decision based on the recent behaviour of the shareprice and recent it hasn't been acting well.

Today is a perfect example.  Silver is up about 3.5% and this stock is down 2.3%.  Something's not right here. This isn't the first day this has happened either.  I'm not going to sell at these levels just based on what I consider funadamental value but if the next bounce in price looks weak I'll have to consider it a possible chance to get out.  The price is acting badly for no good reason that I can see. 

Bullboard Posts