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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

Comment by SNgu8000on May 26, 2024 10:48am
203 Views
Post# 36057902

RE:$30+ Silver

RE:$30+ SilverLot of TAILWIND for SVM next coup of years after closing in ADZN then construction of EL DOMO with CASH UP and NO Debts while SVM still producing SILVER , low cash cost with silver more than $30/Oz , lot of margin , then drilling around ElDomo to prove up MORE COPPER ( VMS , maybe couple more Billion Lbs ) , at the same time they can speed up with CONDO GOLD PROJECT ( 7 to 8 mil OZs ) ....... so many good things line-up for SVM , look at management's history running SVM , they had experiences building the mines , cost control , timely ....... I was ADZN shareholder , I didn't like SVM's cheap offer but I will vote " yes " as I have been watching SVM for years trying to buy in $2.50 area but haven't got to that low last 3 - 4 years . I think ADZN fit perfectly with SVM . In technical way , look at SVM's 5 yrs weekly chart , it's double bottom , with April and May volume double compared with last 15 months volume - I guess if volume up from here and ADZN's takeover done , announcement of ElDomo's construction schedule and drilling results .....price of copper $4.75 stable if not more and Silver over $30/oz ........SVM should be in $10 by year end with Fed's rate cut . I m dreaming .
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