New Pacific Metals Corp (NUAG)

[kiwisteve]

"silver is produced for free?"

... With all of the above said, more exposure to precious metals appears warranted, especially in the silver market. A new position in a silver mining company is being recommended. Silvercorp Metals (NYSE: SVM) is a Canadian company with Chinese joint venture partners.

"The mine is located in China so this is an exposure to foreign exchange as well as metal prices. The mining operations produce lead/zinc/silver. The great thing about this mining operation is silver is produced for free.

"Actually, after subtracting credits for lead/zinc sales, 1.2 million ounces of silver was produced last quarter for a negative $6 an ounce. The company just turned profitable so expect share prices to move higher with silver prices."[/b'

http://www.thestockadvisors.com/content/view/4287/9/