Embattled Silvercorp (SVM) responds to fraud allegations by placing blame on the usual suspects...

|About: Silvercorp Metals Inc. (SVMLF)|By:, SA News Editor

Embattled Silvercorp (SVM) responds to fraud allegations by placing blame on the usual suspects (short sellers) as trying to drive the company's share price lower. The firm received a little support earlier when Raymond James jumped in and backed (to a degree) their version of events. Shares are now up 12.5% after tumbling yesterday.