Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 HavingFunon Feb 18, 2020 8:34am
226 Views
Post# 30701942

RE:Why buy SVM?

RE:Why buy SVM?All good points.  Same with Gold bulls in general...even the best of the best in the gold sector expected financial crash years ago and gold to take off much more than it has done, but central banks have kept the system afloat beyond anyone's expectations or beliefs.

so if one is willing to stay long take the gift.  or does it keep going lower?  Just because one is long, doesnt mean one has to over pay.  And there is a cost to having money tied up.  there is no specified time or clear indication of the severity....except that it wont end tomorrow (the entire chinese system shutdown). 

when bigger money is playing with margin (and for other reasons), they will not buy until the effects of this thing become certain.  in the meantime, no production = no revenue for an unspecified period of time. 

the other side of this is that price of PM's goes up and does not get manipulated back down....but if that is the case that may imply other problems.  wish all the best.
Bullboard Posts