Silvercorp Metals Inc (SVM)

[Boing x 2]

Some thoughts on OreCorp.

I note on 11/27 there were 50M shares traded. Then on 11/30 there were 57M shares traded.

We know Lon said he was going to consider his options.

It would seem less probable that Persus would buy those shares with a potential value of .60 cents a share that were bought at an average cost of around .48 cents a share over those two days and then vote no. That would be in addition to the 19 percent they already own.

It would seem more probable that SVM bought the shares and would then vote the shares and then cancel them and not have to pay .60 cents in stock and cash out there by saving money and less share dilution.

Not sure why that volume would be sold at .48 cents average vs. holding out for the higher figure.

At any rate the vote takes place at 9PM our time tonight. That will be 10am. Perth time Friday. So, we should know late tonight or early tomorrow if the plan was approved.

Good luck Lon and SVM.

Boing X 2