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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 Dave4444on Dec 01, 2005 6:44pm
190 Views
Post# 9953663

RE: 2 cents!!!! Is great, the longer

RE: 2 cents!!!! Is great, the longerthe stock stays low the better. I buy more as I get funds available and who really cares if it moves up right now. The big thing is when mining starts. SVM project $1.00 per share profit in year one. Anyone know what multiple of profits Silver Wheaton trades at? Take the multiple chop off 25% for China and then you get an idea of where SVM will be a year from now when earns are reported. I will save you the calculation, for the 12 months ended June 2005, Silver Wheaten made 11 cents per share and it trades over $6.00 so the multiple is about 54 times earnings. Reduce it by 25% and you get 40 times earnings. So at that rate SVM could be trading at $40.00 next year and double the year after. See why I want it to stay cheap so I can get all possible stock???
Bullboard Posts