Silvercorp Metals Inc. (NYSE:SVM)

I'm bullish on silver and gold.

Hurray for Gold!!! Hurray for Silver!!! Hurray for Oil!!! Hurray for Base Metals!!! Down with $US!!! Down with US Banks!!! Up with US stock market nominal basis!!! Down with US stock market real basis!!! Down with US Houses!!! Down with Citigroup!!! Down with US Economy!!! and DOWN WITH INFIDELS!!!!!!!!

Whoever shorts metals company because of no revenue is stupid!!! Why trade good metals for bad $US just to report revenue!!! A company can have no revenue, just sleep, but if the price of their metals go up, market cap go up! All metals miners should stop producing, have no worthless $US revenues, and wait until supply goes down until Gold hits $5000 then to sell their metals!!!

Some companies just do such a good job making their own case on their website, that there's no point making one's own pitch. If they succeed in consolidating even a small proportion of the silver market in China, this company will perform extremely well! I'm not betting the farm on this one company, but as a more speculative stake within a wide basket of silver miners, I have high hopes for what this company will do for my portfolio over time.

Silvercorp Metals Inc. is the only listed Canadian silver producer with sole focus on China. Silvercorp is listed on the TSX Exchange under the symbol SVM and is a component of the S&P/TSX Composite Index, the S&P/TSX Global Gold Index and the S&P/TSX Global Mining Index.

Silvercorp has become one of the most profitable silver producers through the development of its high grade Ying Silver Project. Silvercorp has high quality silver assets with an industry leading profit margin and low cash costs, driven by very low labour costs and high quality by-product credits of lead and zinc.
Silvercorp's management has in-depth understanding of the business environment in China and a track record of successfully developing mining projects there. The company is leveraging on its success in China to acquire and develop other silver and base metal opportunities, therefore could potentially lead the consolidation of the highly fragmented primary silver sector in China.

Silvercorp's shares outstanding are about 146,835,822 (Adjusted for 3 for 1 split effective Oct. 31, 2007). The company is well financed with sufficient working capital and net profit cash flow to carry out its acquisition, exploration and development needs. Silvercorp also holds about 24% interest in New Pacific Metals Corp., a public company listed on the TSX Venture Exchange under the symbol NUX. New Pacific is exploring for Ni-Cu-PGM metals in China (www.newpacificmetals.com).

It's silver stupid! Don't generally like Chinese related stocks, but will plump for this one because it's silver.

Inflation