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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 FlyingV67on Dec 18, 2015 3:28pm
139 Views
Post# 24396357

SVM is a no brainer

SVM is a no brainer
At these levels this stock is a no brainer, trading close to cash position and profitable even with commodity prices at 4 year bear market low.

When the rebound comes in this sector this will be one of the greatest performing stocks.

I think the recent steep decline is from tax loss selling, the selling will be dried up soon and the stock will rebound.

There is a clearly defined downtrend channel on the chart and the stick is sitting right on the lower support boundary here at 66-68 cents.
Bullboard Posts