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Bullboard - Investor Discussion Forum 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... see more

TSX:SVM - Post Discussion

Silvercorp Metals Inc. > Silver on the Move
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Post by geezer21 on Sep 14, 2022 11:15am

Silver on the Move

https://highballerstocks.com/2022/09/a-mid-september-highballer-report-featuring-forum-energy-metals-defense-metals-patriot-battery-metals-teuton-resources-also-prime-mining-highgold-mining-skeena-resources-and-sokoman-minerals/

Excerpt:


The Gold price has firmed up in recent sessions in response to the Greenback’s weakness, but the real standout is Silver, printing a weighty gain of nearly 6% at the conclusion of Monday’s New York session.

Note the potential bullish MACD crossover (above chart). I know what you’re thinking… another head fake? That’s what I’m thinking too, but one of these days…

Digging deeper, Silver’s COT numbers are looking bullish.

The Fed’s decision on rates will come later this month on the heels of a two-day chin-wag (on September 21).

Expect exaggerated moves in Gold and Silver in the immediate aftermath of this upcoming FOMC event.

The FOMC meeting (and minutes) schedule for the remainder of 2022 can be found here.

The U.S. CPI schedule for the remainder of 2022 can be found here.

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Investment Opportunity

Stable & Profitable Silver Producer Positioned to Grow


Management focus on generating free cash flow from long life mines
– US$498M profits distributed from our mines net of spending >$300 million on capital + sustaining capital expenditures
– Cash position: US$212 million (no debt, no equity or debt financing since 2010)

Organic growth through extensive drilling and consolidation
– Drilled 629,000 m exploration holes at the mines during 2020-2021 alone
– Production guidance increases of 11% in silver, 3% in lead, 12% -21% in zinc and 100% in gold compared to prior year
– Constructing a new 3,000 t/d mill and 20 million m3 tailings storage facility
– Acquired the Kuanping project near Ying for US$13.5 million

Equity investments in potential world class opportunities
– $39 million invested in New Pacific since 2017, resulting in world class silver discovery and value appreciation to $138 million

Ongoing merger and acquisition effort to create value
– Evidenced by attempted 2020 Guyana Goldfields acquisition

Long-term commitment to responsible mining and ESG
– 17+ years strong community & government relationships


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Suite 1750-1066 W. Hastings Street
Vancouver, BC
Canada V6E 3X1

Tel. 604-669-9397
Toll Free1-888-224-1881
investor@silvercorp.ca