PerthX

Silver Backwardation: Prices About to Soar

I am always amazed that people love to tout HL and others like CDE and SSRI etc but don't think anything of SVM--SILVERCORP, the lowest cost primary silver producer ourt there. SVM pays a dividend has NO DEBT and only around 150 million shares outstanding [soon to be 160mil).

Maybe it's because until last month they were only listed in Toronto? Maybe folks love these others because they have a much bigger market cap and higher volumes to trade in and out of (and possibly manipulate) at will?

I remember plenty of news letter gurus pushing CDE and SIL and other high cost miners as a good leverage bet to the price of silver. Oopps that didn't work with SIL, now BK.

I'd rather have my mines in economically growing, low cost, business friendly China than in drug war torn Mexico. And it is nice to know that SVM's JV partners in all their Chinese properties are the various local govt agencies [they get their % and leave SVM alone]

Backwardization may be a factor in future price movements, but I'll stick with sound management and low costs to determine my investments.

'Big Silver' Sees 'Little Silver' Targets

I wonder by what "...calculations the lowest-cost silver producer on planet earth..." is HL when SVM has them beat by every calc I can find!!!

Jinshan better watch that SVM doesn't swallow them!!

Yeah I also own SVM, boatloads of it!!