libor.plus1 Posted September 19, 2011 Share Posted September 19, 2011 Anyone reading up on this? This looks to be the work of a poorly written report. The company is fighting back pretty damn well too. I think if anything, SVM will benefit from this in the the long term. Link to comment Share on other sites More sharing options...
Guest Hester Posted September 19, 2011 Share Posted September 19, 2011 Anyone reading up on this? This looks to be the work of a poorly written report. The company is fighting back pretty damn well too. I think if anything, SVM will benefit from this in the the long term. Read Alfred Little's two articles on SVM, they are compelling. The language in SVM's PR's reminds me of the way frauds communicate in response to short articles. With that being said the company has paid a lot of dividends and the entire management lives in Canada (they actually have to answer to the law). Two traits not shared by any Chinese Co in North America. Link to comment Share on other sites More sharing options...
libor.plus1 Posted September 19, 2011 Author Share Posted September 19, 2011 I did indeed read the reports. thats why i say it was poor work. Link to comment Share on other sites More sharing options...
Guest Hester Posted September 19, 2011 Share Posted September 19, 2011 I did indeed read the reports. thats why i say it was poor work. Then go ahead and buy :D Link to comment Share on other sites More sharing options...
libor.plus1 Posted September 19, 2011 Author Share Posted September 19, 2011 I did indeed read the reports. thats why i say it was poor work. Then go ahead and buy :D is that my only option if i think the report was poorly written? Link to comment Share on other sites More sharing options...
moore_capital54 Posted September 19, 2011 Share Posted September 19, 2011 This is a tough one because I have personally walked the mine and saw silver veins 1 foot wide running above my head. But on this same trip (3 years ago) When asking Mr. Rui how he was allowed to mine without a permit, he told me and the rest of the group that if a regulator comes they will just " cover up the shaft with ore". What I am trying to say is that no doubt this is a rich mine, and on that front Alfred Little's analysis is absolutely wrong. His attempt to grab ore from trucks and having them still assay 30 g/t AG just shows how much of a fool he is, as that is a damn good grade for a grab sample of ore from a truck passing by. But, my personal experience also shows mgmt disregarded rule of law 3 years ago. I don't own a position. I try to stay away from Chinese names. Link to comment Share on other sites More sharing options...
Guest Hester Posted September 19, 2011 Share Posted September 19, 2011 This is a tough one because I have personally walked the mine and saw silver veins 1 foot wide running above my head. But on this same trip (3 years ago) When asking Mr. Rui how he was allowed to mine without a permit, he told me and the rest of the group that if a regulator comes they will just " cover up the shaft with ore". What I am trying to say is that no doubt this is a rich mine, and on that front Alfred Little's analysis is absolutely wrong. His attempt to grab ore from trucks and having them still assay 30 g/t AG just shows how much of a fool he is, as that is a damn good grade for a grab sample of ore from a truck passing by. But, my personal experience also shows mgmt disregarded rule of law 3 years ago. I don't own a position. I try to stay away from Chinese names. [/quote Very interesting post Link to comment Share on other sites More sharing options...
given2invest Posted September 20, 2011 Share Posted September 20, 2011 i love this headline "Silvercorp Turns Corner on "Short & Distort Manipulation Scheme"; Open Letter From Chairman - Marketwire(Mon 12:16PM EDT)" Link to comment Share on other sites More sharing options...
libor.plus1 Posted October 24, 2011 Author Share Posted October 24, 2011 I did indeed read the reports. thats why i say it was poor work. Then go ahead and buy :D is that my only option if i think the report was poorly written? http://finance.yahoo.com/news/Silvercorp-Receives-Clear-iw-1299088961.html?x=0 ;) Link to comment Share on other sites More sharing options...
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