+ Watch SVM
on My Watchlist
long term trend is up
Best silver investment I can find right now.
Silver is about to Explode now with JPM and the Bullion Banks NET LONG the paper crap, and it will reach $25/oz over the next 2-4 months, GUARANTEED!
Severely beaten down, price target of 7.75, no debt, negative silver cost/ounce, great dividend, I don't see it going down much farther.
SVM = $14 ! BUY SVM !!!
SVM is a junior miner that has been beaten down so badly it has nowhere to go but up
The short sellers have been unmasked and are in the process of a multi million dollar law suit,thatshould give pause to all other short sellersthat a Co. as strong as SVM will not just roll over,but will fight back like a cornered TIGAR.JH
Low cost of production and easy access to increasing Chinese demand for silver makes them a no brainer in the wake of a fraudulent short attack.
Good prospects, good production with dividend, so in spite of risky political ambient, I think this is headed up, to shorts dismay.
SVM announced a month ago that their specially commissioned and "extremely costly" audit had cleared them of "substantially" all of the charges put out by those dirty shorters. They announced that they would turn the auditors report over to the NYSE and TX exchanges, and to the Canadian federal authorities. I have called several times and asked whether the reports have indeed been turned over to exchange officials and each time I've been stone-walled. I explained that I was doing this as a holder of considerable SVM equity, but that made no difference. I was promised by the Investor Relations officer an email when the reports were turned over or to be made public, and have heard nothing to date. I sold a week and two calls after the announcementboosted the stock price, and now would have to say that I've taken the side of the short sellers.
good profit margin, out of reach of US government,silver will be higher next year
ING Direct ShareBuilderSilvercorp Metals files lawsuit in New York against stock manipulation schemeMarkets are OPEN: September 23, 2011 9:10 AM ET - Briefing.comCo filed a lawsuit in New York County Supreme Court charging defendants Chinastockwatch.com, Jerry Katz, Alfredlittle.com, Alfred Little, Simon Moore, and several "John Doe" defendants with spreading "false, defamatory and fraudulent" information about SVM on the Internet and in letters to the media and regulators. Co charged that the defendants did so to drive down the price of Silvercorp's stock in order to make their short positions in the stock more profitable.
I share the opinion of others that the demand for silver and other industrial metals will continue to increase.
Price slammed down by an anonymous claim of fraud. In response, the co. is doing exactly what an honest co. would do. I'd say the anonymous guys are the fraudsters, not SVM.
Anonymous articles are harder to believe
Shorting scam revealed, big catch up in progress
silver is in a longterm uptrend. Silvercorp has been targeted recently by short sellers with rumors (circulating via email) of accounting fraud in China. As a result, their shares are down significantly. Naturally, Silvercorp has denied these allegations in the press. Once this is cleared up, SVM should bounce back significantly.
Appears a "fraudulent" fraud letter has been circulated by someone holding a huge short position. What easier way to make money than try to discredit a stellar company. The company has done an excellent job at rebutting the allegations against them. A fraudulent company doesn't have $235,000,000,000 in the bank and certainly doesn't buy its own shares back.
Sounds good to me, look at SLW also. My two favorite silver stocks.
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