Silvercorp Metals Inc. is a Canadian-based, China focused precious metals company engaged in the acquisition, exploration, and development of silver containing properties.
It is China's largest primary silver producer.
More at Wikipedia
Currently attempting a hostile takeover of Klondex Mines (KDX-X). Real key is will Silver stay above $15 (equivalent to $1000 gold). Some analyst suggested gold would potentially drop to $850 meaning silver could be heading to $12 or lower.
Currently attempting a hostile takeover of Klondex Mines (KDX-X). Real key is will Silver stay above $15 (equivalent to $1000 gold). Some analyst suggested gold would potentially drop to $850 meaning silver could be heading to $12 or lower.
Not a lot of support down to about the $4 range. The long decline and the degree is not a good sign. It indicates something fundamental with the company. If it drops to $4, he could see another $1 drop.
Not a lot of support down to about the $4 range. The long decline and the degree is not a good sign. It indicates something fundamental with the company. If it drops to $4, he could see another $1 drop.
Like all other precious metal plays, it’s about the reserves. This company has the reserves but are being dragged down by the weakness in precious metals. Likes silver because it has not appreciated in relation to the appreciation that gold has had.
Like all other precious metal plays, it’s about the reserves. This company has the reserves but are being dragged down by the weakness in precious metals. Likes silver because it has not appreciated in relation to the appreciation that gold has had.
One of the highest grade silver projects in the world. Have a lot of good exploration upside. Feels management can navigate through the Chinese system successfully. Looking to do a split, 1 for 3. He doesn't see any reason for this.
One of the highest grade silver projects in the world. Have a lot of good exploration upside. Feels management can navigate through the Chinese system successfully. Looking to do a split, 1 for 3. He doesn't see any reason for this.