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Silvercorp and Orecorp timeline.
"https://www.orecorp.com.au/upload/documents/investor/asx/231106015646_231103RegistrationbyASICwithSchemeBooklet.pdf"
Approval by Tanzania,
"https://www.orecorp.com.au/upload/documents/investor/asx/231107010236_231107FCCApproval.pdf"
Boing X 2
Just found this,
"https://www.youtube.com/watch?v=IvUkFfucBRE"
He is thinking SVM is a buy.
Boing X 2
Found this on Orecorp. No PR yet. Nov.3rd.
"Australian Federal Court Orders OreCorp to Seek Shareholder Approval for Takeover"
Boing X 2
Tincorp video,
Two new videos on New Pacific,
Just found this,
"Summary Previous dividend Next dividend
Status Paid Forecast
Type Final Interim
Per share 1.656c (1.25c) Sign Up Required
Declaration date 26 May 2023 (Fri) 06 Nov 2023 (Mon)
Ex-div date 09 Jun 2023 (Fri) 23 Nov 2023 (Thu)
Pay date 29 Jun 2023 (Thu) 15 Dec 2023 (Fri)"
Looks like dividend to be declared Tuesday if correct. It says payable Dec. 15th.
Boing X 2
Surfer44,
Good find.
Beat me to it. I had just found the video, listened to it and then saw you already posted it. No PR, so found it by accident. This is awesome. Just a matter of time until this stock explodes IMHO.
Two pages of Very High gold g/t numbers. The analysts are going to need to re value the company after the updated mineral reserves come out at the end of this year. Not long. As an almost 86 to 1 gold ratio this should likely make for a big pop. He said low cost and easy to mine.
They have only just started to find out how big this gold area is going to be. Lot's of unexplored area to explore still.
We are already permitted, so hopefully it is just a matter of find it and mine it. A must watch video for all.
Glad I was able to accumulate shares on the cheap before this news. Dividend again around the 25th of this month and more shares.
Best of luck to all long time holders. Our time is coming soon. One has to have patience with miners.
Boing X 2
Building a Gold Mine Within the Ying Silver Mine (new presentation)
" rel="nofollow" target="_blank">https://www.youtube.com/watch?v=
Silvercorp (TSX:SVM) - Transformational Acquisition of Permitted Gold Project
" rel="nofollow" target="_blank">https://www.youtube.com/watch?v=
We will be Increasing our ownership.
"https://finance.yahoo.com/news/tincorp-announces-non-brokered-private-232400948.html"
Latest figures gold production up. Slower last quarter due to lower grades and weeks lost with electric grid update. Overall likely to be much better this quarter.
Boing X 2
2 days old. Well worth the listen. Some new mines in China,
"https://www.youtube.com/watch?v=YHagEYfs_uo"
Lon said they are valuing the co. at 100M and it should be 600M.
Boing X 2
“ Citi requested delivery of about 100,000 tons of aluminum and 40,000 tons of zinc”
I attempted to write this memo five times yesterday and deleted it due to the sensitive nature of what is going on. So here it goes again since I saw what Citi is doing today.
If all the banks now start to become like hedge funds, this could be major.
My memo said brass is made of 65 percent copper and 35 percent zinc.
Munitions are made of brass. With Gaza and Ukraine the munitions being dropped are likely going to impact copper and zinc prices.
It is said there is already a 13 year shortage of munitions.
As the Gaza and Ukraine unfortunate situations are likely to go on a long time it will likely impact the price of copper and zinc.
While SVM zinc produced is likely kept in China, any increase in zinc price should still impact them favorably. Not sure yet if the gold mine they are buying will also produce copper.
Boing X 2
Omai Gold,
Came across this by accident. Some how not reported of yahoo finance,
"https://finance.yahoo.com/news/omai-gold-drills-4-54-112500216.html?fr=sycsrp_catchall"
Very good drill results. check out the enlarged chart. Quite impressive g/t numbers.
Boing X 2
Increased our ownership in New Pacific Metals,
"https://ih.advfn.com/stock-market/AMEX/new-pacific-metals-NEWP/stock-news/92119855/new-pacific-metals-announces-c-35-million-bought-d"
Boing X 2
Some thoughts,
SVM is greatly under valued IMHO. Based on a sever silver shortage for several years to come. Silver and gold have no counterparty risk.
Things that could go wrong shortly and likely will.
National debt exploding.
Govt. keeps on spending more.
Interest payments on National debt exploding. 100 BILLION right now before any more rate hikes.
I expect many banks are yet to fail.
Commercial Real estate facing possible bankruptcy over the next years as interest rates keep going up and refinance cost can’t be afforded.
Mortgage backed loans likely start to collapse with higher interest rates.
Student debt starting to be paid Oct. 1st. That is in 17 days in case anyone is counting. Many saying they will not pay. Good luck with your credit rating going down the tubes.
Bankruptcies climbing. Small business going to have a hard time surviving.
Auto’s are being reposed due to loan delinquencies.
Houses being reposed due to loan delinquencies.
Food and energy inflation hurting families.
Credit card debt at new highs. People not able to pay off monthly charges.
Buying auto’s becoming unaffordable.
Italy in trouble as well as Europe.
China having financial problems.
People unable to get credit to buy house.
Insurance rates going up dramatically due to all the losses. Some now going self insured.
Store theft out of control, will not be dealt with and it costs us more each day.
I lived through the prior depression and the potential increases I might have to do it again . People who never lived though one have no idea what is coming if it happens. Had to have coupons to buy butter, gas, tires etc.
I feel we are already in a recession and well could get into stagflation or a depression should there be a major shock.
Many people lost most of their property. My grandfather lost a tavern, grocery store, dance hall with a bowing alley and restaurant, Was able to save his farm.
The Fed has boxed themselves in and has no way out IMHO.
Those that position and prepare ahead will be much more likely to survive.
Boing X 2
share buyback,
"https://finance.yahoo.com/news/silvercorp-announces-share-repurchase-program-113000992.html"
Boing X 2
Great results with more drilling to be done,
"https://finance.yahoo.com/news/pacific-metals-reports-inaugural-estimate-110000832.html"
Boing X 2
Looking good,
"https://www.marketscreener.com/quote/stock/ORECORP-LIMITED-12786430/news/OreCorp-Limited-Announces-Results-of-Metallurgical-Test-Work-for-the-Kilimani-Deposit-41010407/"
Sounds like it will be included.
I also see OrrCorp has projects in Australia. One would presume we pick them up if we are buying the company.
No words so far otherwise, and they are applying to be listed in Australia. Will be interested to hear more about the other projects if we indeed are picking them up with our purchase.
Boing X 2
Tincorp just might be in a sweet spot,
"https://www.kitco.com/news/2023-08-24/Myanmar-apos-s-Wa-militia-takes-over-ownership-of-tin-ore-statement.html"
Boing X 2
We struck some great drill results,
"https://finance.yahoo.com/news/omai-gold-drills-4-54-112500216.html"
Boing X 2
Good drill results,
"https://finance.yahoo.com/news/tincorp-intersects-120-35-meters-110000330.html"
Boing X 2
Nice write up on SVM,
"https://silverseek.com/article/silvercorp-metals-path-sustained-growth-todays-new-electrification-economy"
Boing X 2
Just a thought,
https://ih.advfn.com/stock-market/london/CLA/stock-news/91771731/celsius-resources-limited-holdings-in-company
We still might participate by being bought out or holding all the shares we have left. This might be a big win without having to spend to build out the mines. Depends who they now partner with. We know the value of the mines already. Let someone else overpay and we get the benefits.
Boing X 2
Looks like Celsius is a no go,
https://ih.advfn.com/stock-market/AMEX/silvercorp-metals-SVM/stock-news/91772300/expiry-of-exclusivity-period
Lon Shaver is smart and I am sure he was not going to give away the store. Many opportunities out there yet. Celsius might well regret it before it is all over.
Boing X 2
Found this presentation,
"https://orecorp.com.au/upload/documents/investor/presentations/230807043754_230806SilvercorpandOreCorp-JointPresentationAugust2023.pdf?"
Boing X 2
Permit issued for drilling,
https://ih.advfn.com/stock-market/london/CLA/stock-news/91742541/celsius-resources-limited-exploration-permit-for-b
Gets better by the day.
Boing X 2
'We’ve Drilled a Million Meters in Three Calendar Years'
" rel="nofollow" target="_blank">https://www.youtube.com/watch?v=
4 day old YouTube video with New Pacific you might want to watch,
Very interesting.
Boing X 2
Lon Shaver on a YouTube video in last hour,
At 5min mark he said silver supply "tighter and tighter" he also said "undersupplied."
IMHO price is going to have to break higher to meet demand. Time will tell. As we know it takes years to get new mines up and running.
Boing X 2
As silver goes up SVM should follow....
More great gold drill results,
https://finance.yahoo.com/news/omai-gold-drills-5-18-115200020.html
Boing X 2
Here we go,
https://ih.advfn.com/stock-market/london/CLA/stock-news/91591046/celsius-resources-limited-mbc-project-certificat
Looks like final permit expected from the government next month.
Boing X 2
More Good News,
Celsius mine approved. News just hitting the wires. Will not post only article due to copyright claim. News on the net will hit more shortly.
Now SVM needs to close the deal.
Boing X 2
Wow, look at these high number drill results,
https://finance.yahoo.com/news/silvercorp-continues-intersect-high-grade-210500696.html
Boing X 2
$SVM is going to pop and do a catch up with $EXK
MUST READ,
https://silverseek.com/article/code-red
Boing X 2
This stock is awesome. Why?
#1 silver
#2 $203 million cash
#3 investments in other companies
#4 small dividend
$$$$SILVERSQUEEZE IS TRENDING SVM GOING MUCH MORE HIGER
Celsius News,
https://clients3.weblink.com.au/pdf/CLA/02686585.pdf
Boing X2
Celsius resources,
Checked their site. No word on merger. Extension was to July 2nd.
I suspect we will hear something one way or another this next week.
Boing X 2
OMAI
Video indicates more drill results coming shortly and that they will be moving to opening the mine. She said drill results next week six days ago.
I hope SVM gets more involved before anyone else.
Boing X 2
Drill results from NEWP,
https://finance.yahoo.com/news/pacific-intersects-183-meters-grading-210500491.html
Boing X 2
Massive Drill Results,
13,490g/t ag. Wow, just wow.
https://finance.yahoo.com/news/silvercorp-reports-high-grade-silver-210500870.html
Boing X 2
If correct hold onto your hats,
DOD indicating it is running out of silver and buying at 30 bucks an ounce per reddit. They provide information from DOD>
Boing X 2
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Facilitated by China's 1997 Mineral Resource Law (click here), Silvercorp first entered China in 2003 to capitalize on the country's vastly underexplored geological potential. While the Chinese government invested tremendously in geological exploration in the 1950s and 1960s, leading to many discoveries, very little capital or advanced exploration technology were available to exploit them fully. China's 1997 Mineral Resource Law was adopted specifically to enable foreign mining companies to explore and mine in the country -- inviting in the advanced exploration technology, expertise and funding China needed to truly develop its tremendous resources.
In 2004, Silvercorp acquired the Ying project, a small producing mine in the Henan province, and exploration over the next two years led to the discovery of exceptionally high-grade silver-lead-zinc mineralization in a multitude of narrow veins similar to the prolific Coeur d'Alene silver district in Idaho, U.S.A. On March 31, 2006, Silvercorp received its first mining permit from the Ministry of Labour & Resources and commercial production of silver, lead and zinc from the Ying mine began the next day.
Today, Silvercorp is China's largest primary silver producer, achieving production of approximately four million ounces of silver in fiscal 2008. Due to the exceptionally low costs of operating in China, along with the high efficiency of a skilled labour force, Silvercorp has enjoyed industry-leading profitability and returns among its industry peers. In fiscal 2008, the company generated net profits of $59.9-million on sales of $108-million, representing earnings of $0.41 per share. As testament to its profitability - and a demonstration of its ability to repatriate profits - the company paid its first annual dividend to shareholders of $0.05 per share on October 21, 2007.
Following upon its success at the Ying mine, Silvercorp acquired three nearby mines and consolidated the district in 2007. The company now has four mining permits in the Henan province along with a newly acquired development project in the Guangdong province, which is currently in the mining permit application process. In addition to its operational success Silvercorp is considered a preferred mining company in the Henan district, having built a solid reputation for upholding high safety and environmental standards and supporting local community initiatives. Silvercorp plans on continuing its growth through increasing mine capacity and production, resource expansion and continuing acquisitions with a focus in China.
Silvercorp is listed on the Toronto Stock Exchange under the symbol "SVM", and is a reporting issuer in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Nova Scotia and New Brunswick, Canada. The company is also a reporting issuer in the United States and commenced trading on the New York Stock Exchange under the symbol "SVM" on November 5, 2009. Prior to the NYSE listing, the company traded on the NYSE Amex beginning on Feb. 17, 2009.
The Company was formed as Spokane Resources Ltd. pursuant to an amalgamation of Julia Resources Corporation and MacNeill International Industries Inc., under the British Columbia Company Act, on October 31, 1991. By special resolution dated October 5, 2000 Spokane Resources Ltd. consolidated its share capital on a 10:1 basis and altered its Memorandum and Articles of Incorporation by changing its name to SKN Resources Ltd. On May 2, 2005, the Company filed a Notice of Alteration with the Registrar of Companies changing its name from 'SKN Resources Ltd.' to 'Silvercorp Metals Inc.'.
Prior to being listed on the Toronto Stock Exchange on October 24, 2005, Silvercorp Metals was listed on the TSX Venture Exchange from July 26, 2001, to May 1, 2005.
Myles Gao, President and COO of Silvercorp, joined the company as a director on November 25, 2002, just before the company acquired its first project in China. Dr. Rui Feng,Chairman CEO, joined on September 5, 2003.
Operating in China poses great opportunities but also unique challenges. Management of Silvercorp has built up a record of success in this environment by formulating and executing a distinct long-term strategy characterized by three key steps:
1) Acquire a project and conduct selective exploration to further delineate its potential
2) Develop mine operations and generate profits before the project's potential is fully drilled
3) Use cash flow generated from operations to fund further exploration, resource expansion and production ramp up.
Silvercorp's strategy has been effectively applied at its Ying mining and exploration project, where over 74,619 metres of underground workings (tunnels and stopes) and 78,581 metres of underground and surface drilling in 280 holes were completed between 2004 and 2007. Most of the work was financed by profits from the sale of ore taken out during mine development, which produced three key benefits critical to our continued success:
1) Local Employment - mine development creates jobs for neighbouring communities, boosting the local economy and creating an immediate sense of community involvement in the project.
2) Tax Revenue for Local Government - boost in local support and the taxes collected from profits ensures the support of the local government for the continuation and success of the project.
3) Minimum Dilution for Shareholders - immediate profits and returns means immediate value appreciation for Silvercorp's shareholders and minimum dilution of shareholders' equity.
Because the full potential of Silvercorp's projects has not been realized due to limited drilling, the projects are still open to tremendous exploration potential. For instance, only a small portion of Ying's 50 km2 project block has been fully explored. As of the date of the last technical report on August 16, 2007, silver-lead-zinc-gold-copper resources have been defined at only 18 out of 28 veins identified at the Ying property. Continuing work in these areas may find new veins as well as new mineralized shoots in known veins, potentially extending the life of the company's mines for many years.
Silvercorp plans on continuing its growth through increasing mine capacity and production, resource expansion through exploration of existing projects and continuing acquisitions with a focus in China.
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