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SVM |
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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).
website: www.silvercorp.ca
Price as of November 16, 2007 =$8.60 Canadian
Pays a dividend $.05 cent/share annually
do your own research it's your money
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