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Silvercorp Metals Inc. SVM


Primary Symbol: T.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

Post by Goldenpouon Nov 22, 2024 10:08am
89 Views
Post# 36325807

Example of again weirdness around the open

Example of again weirdness around the openthis is an example of the weirdness when new york and london lose control gold and silver.

This morning as usual they tried to whack down silver and gold at the usual times - 800 am to 9 am. But hey it went down but still remained positive after the wacking.holy S... they must say.

The dollar was also up over 65 cents and the precious metals started to go up again over $20 , omg what is happening they must say ? Its supposed to fall with the strong dollar 

Ok they say lets try to limit the damage on the producers, so their shorting is working with SVM hardly up and the other ones too, whew they say now we have control a bit again.
But too late this is the now gang trading and the rules and patterns have changed , remember that !!

They are patient giving time to the asian residents to buy the gold staocks then it will burst higher.
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