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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 Rich12on Feb 08, 2020 8:46am
95 Views
Post# 30661897

RE:Coronavirus Effect

RE:Coronavirus EffectSilvercore is an excellent company, but like many companies in China it will stay close for several months and maybe way longer until the cororavirus is resolved. The latest news from China is that nearly 25 % of the population is in lockdown mode and quarantined.   Chinese government is very hush, hush with the truth. 

Rich12

A Stunning 400 Million People Are On Lockdown In China As Guangzhou Joins Quarantine

The country’s fifth largest city with nearly 15 million residents, has just joined the ranks of cities imposing a mandatory lockdown…

from Zero Hedge

Guangzhou, the capital of China’s southwestern Guangdong Province and the country’s fifth largest city with nearly 15 million residents, has just joined the ranks of cities imposing a mandatory lockdown on all citizens, effectively trapping residents inside their homes, with only limited permission to venture into the outside world to buy essential supplies.

The decision means 3 provinces, 60 cities and 400 million people are now facing China’s most-strict level of lockdown as Beijing struggles to contain the coronavirus outbreak as the virus has already spread to more than 2 dozen countries.

That’s more than 400 million people forcibly locked inside their homes for 638 deaths? Just think about that: If there was ever a reason to believe that Beijing is lying about the numbers (and not just because Tencent accidentally leaked the real data), this is it.


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