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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 RichyRich$on Jul 29, 2015 2:40am
444 Views
Post# 23970363

SVM The Safest Play On Silver Out There ...

SVM The Safest Play On Silver Out There ...According to Yahoo Statistics in U.S. Money/Symbol.  Silvercorp has $70 Million Cash, No Debt, 171 Million Total Shares, and $54 Million per year Operating Cash Flow. If they continue cost cutting, even if Silver just stabilizes, when factoring in the other metals they mine, $.10 EPS is realistic. 171 Million Shares X $.10 = $17.1 Million Earnings per year. That would mean that in 4 years they bank an extra $70 Million Cash with a total of $140 Million Cash / 171 Million Shares = $.82 per share Total Cash.  That means in 4 years, even if they bought all their shares back and took the company private, it would not be under $.82 per share, the current U.S. symbol market value!!!  I see no risk in this at the current price, and this was making the assumption Silver stayed in the $14.00's!  Not gonna happen with half of Silver used for Industrial demand and Solar Panel tech growing exponentially requires Silver to make it and all the other metals Silvercorp mines are necessities in the global industry.  The manipulators can only manipulate Silver only so low when it's half industrial demand.  That could be why Silver is holding up better than gold near this final bottoming phase.
Bullboard Posts