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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 RichyRich$on Nov 30, 2015 11:38pm
121 Views
Post# 24341337

RE:RE:Why No Posts?

RE:RE:Why No Posts?Johnny L, SVM is now at a share price close to cash per share, at a slight premium. Ao they will most likely buy back all throughout December. This is the safest miner to be in, because they have no debt, up apx. $70 Million, continuing positive operating cash flow even at Silver $40.00. Not all eggs in one basket since they mine other essential metals on top of Silver. Let alone Silver being 50% industrial with Solar Electronics growing and requiring Silver. But with cash hoards building every year, the worst case would be for Silver Corp to take the company private and sell it to the Chinese government or a group of Chinese investors in China at current share price. So the worst case from here is break-even taking ot private at current share price. No downside risk with huge upside as it used to be $15.00/share not long ago. Most companies that pulled back 95% from peak a few years ago are companies at risk of bankruptcy. Here you have a Walmart Special on a miner with good fundamentals at the price of a company that was going bankrupt. Nothing to lose and everything to gain from here on!
Bullboard Posts