Silvercorp Metals, Inc. (SVM) - Aggressive Growth Profile

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Mon, Dec 12, 2011 - 5:17pm
T
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Yup

thats why the experts are saying the miners are ridiculously undervalued and manipulated , etc etc (thats an interesting chart Beagle)

and I agree with you Stirling.... lets hope we are right.

How much lower can they go from here?

There must be something very important about the miners , for them to be so undervalued, so stifled against the spot metal prices. Arent the miners, successful companies, the producers making alot of cash? profitable business? are we missing something? Whats the true value of Green Mountain coffee anyway? really. whats the true value of Silvercorp. whats the value of Home Depot? whats the value of Tata Motors.

Mon, Dec 12, 2011 - 8:50pm T
captaj
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undervalued

They are making a lot of money... but that is the problem with a fiat currency; it is constantly devalued. I would love it for a few more buy backs and instead of selling all the silver, they should just store it up. My wish for Christmas is the miners to horde and send the price up, then watch JP super short traders eat a silver bullet as they are horribly forced to cover at $60 / oz. I am buying a little every day it is under $7

Thu, Dec 15, 2011 - 9:20pm
Silver Danny
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Boys, girls, we got a

Boys, girls, we got a problem, the pic below is the latest # of shares floating around the market, SVM has been massively diluted by 74,511,003 shares around or around 43% due to naked shorting! Info comes from shortsqueeze.com

Shares Outstanding: 170,603,142 (as of September 30, 2011)

Options/Warrants Outstanding: 3,245,855 (as of September 30, 2011)

Shares Fully Diluted: 173,848,997 (as of September 30, 2011)

Thu, Dec 15, 2011 - 11:31pm
Sterling
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Good find

How the hell do they get away with this crap? There's 170 million real shares outstanding which means there are 80 million phantom shares. Jeez!!!

Can I offer you a drink? How about this expensive prostitute?
Sat, Dec 17, 2011 - 12:38am
ghost
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ask the company about this,

ask the company about this, tell them to look into it and do something about it.

Sat, Dec 17, 2011 - 4:06am
ID
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Bought a nice sized chunk @

Bought a nice sized chunk @ $6.13 on Thursday. Only want the price to be high on ONE day - the day you sell. The dividend is almost @ ~1.7% at these prices. Bring it on!

Sat, Dec 17, 2011 - 7:52pm
T
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well done ID

I like that buy ID ,well done.

SVM still needs watching thru this low zone. hard to imagine any plunge below 6 now,maybe 5.90 or something but 6 feels like a good price to me.

my question now, is should we look to sell a little around 10/11/12 area? and play along with the Range Trade game.

Mon, Dec 19, 2011 - 10:50pm T
captaj
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depends on how much fiat you want to spend

I like to add some to the long term. And add some to the short term trade game. With the short term in mind, I image around $9.50 Is where I would sell the trade game out. Then wait for a pull back and get in again. I image the $14+ range sometime next year with silver so undervalued in a time where the zeuro is slowly going down. I am imaging China gathering as much gold and silver before they(gold and silver) are revalued against the dollar. Then China will stop fixing their currency to ours, and go back to the silver standard. They are trying to change their nation from exporters to importers... you can feed a lot of people with a strong currency. Can you image when they are ready for the revaluation, how fast they could dump the US debt and force inflation as dollars become even more worthless.

Wed, Dec 21, 2011 - 6:47pm
csquared13
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in case anyone missed this

“Everybody gets what they want out of the market.” -Ed Seykota
Wed, Dec 21, 2011 - 9:55pm csquared13
Sterling
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I did miss it.  Thanks!

I did miss it. Thanks!

Can I offer you a drink? How about this expensive prostitute?
Wed, Dec 21, 2011 - 9:55pm csquared13
Sterling
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I did miss it.  Thanks!

dup....

Can I offer you a drink? How about this expensive prostitute?
Tue, Dec 27, 2011 - 4:54pm
hpx
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Boys, girls, we got a

Boys, girls, we got a problem, the pic below is the latest # of shares floating around the market, SVM has been massively diluted by 74,511,003 shares around or around 43% due to naked shorting! Info comes from shortsqueeze.com

Are you guys sure about the data from shortsqueeze.com? I did take a look at another company that has been brutalized, Great Basin Gold, and according to shortsqueeze.com, they hav 922 mil common shares outstanding. Problem is official data from their site says it's 475 mil. Same with US Gold. Shortsqueeze.com has them at 257 million. Official site say 144 mil. Checked Barrick and GoldCorp for reference - the discrepencies were much smaller. Now, if this is indeed a matter of "phantom shares", then inevitably those issuing phantoms are going to be forced to redeem those into real shares = epic shortsqueeze. I do wonder what happens if a company starts paying out dividends ..... sort of hard to hide the whole phantom-share biz. in that case, I would think. But again, I'm not sure about the validity of the data from shortsqueeze. All I know is I'm picking up companies that are smashed if I think they'll survive, because at one point, the shenenigans end and fair valuations return

Tue, Dec 27, 2011 - 5:24pm csquared13
TheGoodDoctor
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I'm interested in see what

I'm interested in see what becomes of this investigation.

PS Sterling, can't wait for new eps!

“Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves.” Norm Franz
Wed, Dec 28, 2011 - 3:44pm
T
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Today at 6 dollars....a bargain now?

its a target , I would call a buy zone.

Wed, Dec 28, 2011 - 9:31pm T
Silver Danny
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Only 4 More Days Now     When

Only 4 More Days Now When Doves Laugh: 4 Weeks Until The Quiet Coup In The Fed Gives QE3 A Green Light

https://www.zerohedge.com/news/when-doves-laugh-4-weeks-until-quiet-coup-fed-gives-qe3-green-light

Wed, Dec 28, 2011 - 9:59pm TheGoodDoctor
Sterling
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YES, YES, YES Doc! January

YES, YES, YES Doc!

January 19th

Can I offer you a drink? How about this expensive prostitute?
Mon, Jan 9, 2012 - 5:51pm
Silver Danny
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SVM Target Zones $8.60-$10.50

https://i.imgur.com/Zp8Mp.jpg

SVM based off the three year chart SVM should be trading at a minimum of $8.60 at the current silver price, but based off the long term charts it should be in the $10-10.50 range. See the link above for more, SVM is way oversold on a long term basis.

Mon, Jan 9, 2012 - 7:31pm Silver Danny
Super_Douche
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I hate evil bankers!

Should - is the key word. Unfortunately, we live in a world were miners are heavily shorted by the evil empire. Our enemy has an endless amount of money, and they will not let the mines move like they should. I hate to sound pessimistic, but we are in their casino and the game is rigged.

"There is no inflation and unless we get some soon we will all be in trouble." -Paul Krugman
Mon, Jan 9, 2012 - 7:42pm
B.R.Valentine
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SVM hitting back

Good to see them hit back. This has been quite the drama to watch play out. The ups and downs been one hell of a ride.

https://www.silvercorpmetals.com/news/index.php?&content_id=342

Tue, Jan 10, 2012 - 6:38pm
Silver Danny
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SVM Dividend

Silvercorp Received RMB 269 Million Cash Dividend From Its Chinese Subsidiary

January 10, 2012

VANCOUVER, British Columbia – January 10, 2012 – Silvercorp Metals Inc. (“Silvercorp” or the “Company”) is pleased to announce that it has received RMB 269 million cash dividend payment (equivalent to USD $43 million) from its 77.5% owned Chinese subsidiary, Henan Found Mining Co. Ltd. (“Henan Found”), in Henan Province, China. The cash dividend has been deposited at a bank in Canada.

The cash dividend represents Henan Found’s 2010 calendar year profit distribution. According to its audited statutory financial statements Henan Found had a net profit of RMB 514.8 million in the 2010 calendar year. The board of directors of Henan Found declared 75% of net profit, ( RMB 386.1 million), as cash dividends to its two shareholders. RMB 299 million, representing 77.5% total dividends declared was paid to the Company. After deducting Chinese dividend withholding tax of RMB 29.9 million, the Company received a net cash dividend payment of RMB 269 million.

https://www.silvercorpmetals.com/news/index.php?&content_id=343