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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. > Example of again weirdness around the open
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Post by Goldenpou on Nov 22, 2024 10:08am

Example of again weirdness around the open

this 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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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