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JNG85

JNG85
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  • Speculative Silver Stocks That Could Deliver Outsized Returns [View article]
    FYI: SVM lowered their projections to 7.8 MM ozs for fiscal 2014.
    Mar 25, 2013. 11:23 AM | Likes Like |Link to Comment
  • Silvercorp Management Misled Investors With A False Cash Flow Forecast And Delayed Negative News [View article]
    I'm very disappointed in SA if this proves to be true. Hopefully I'm not censored myself for passing this along?
    Mar 5, 2013. 11:08 PM | 1 Like Like |Link to Comment
  • 3 Silver Stocks With Big Upside Potential [View article]
    It appears "Little Al" has contacted Seeking Alpha and pulled strings to ban/censor ryu from posting. He has asked me to post this on his behalf. I'm very disappointed in SA if this proves to be true. Hopefully I'm not censored myself for passing this along?
    Mar 5, 2013. 11:07 PM | Likes Like |Link to Comment
  • Silvercorp Management Misled Investors With A False Cash Flow Forecast And Delayed Negative News [View article]
    It appears "Little Al" has contacted Seeking Alpha and pulled strings to ban/censor ryu from posting. He has asked me to post this on his behalf.
    Mar 5, 2013. 11:02 PM | 1 Like Like |Link to Comment
  • The True Silver Mining Cost - What Does It REALLY Cost To Mine Silver? [View article]
    There was some insider buying in January, but none this month. I really want them to start buying back their shares. They've announced a buy back program:

    http://bit.ly/VW7PFJ

    However, they have not started buy shares yet, which is aggravating for existing shareholders who want the stock to rebound. However, SVM did repurchase shares aggressively in 2011.

    SVM News Link: http://bit.ly/Y6j1MV

    Also, updated numbers:

    SVM Silver Eq Break Even:

    Q3 2013: $26.70
    Q2 2013: $25.67
    Q1 2013: $27.05
    Q4 2012: $27.73
    Q3 2012: $24.89

    Not as good as I would have liked, but feel free to double check them as they seem higher than I would have expected.
    Mar 2, 2013. 09:29 PM | Likes Like |Link to Comment
  • The True Silver Mining Cost - What Does It REALLY Cost To Mine Silver? [View article]
    Throw out the numbers above, turns out silvercorp does not count VAT and smelting as a cost , so I will need to revise the numbers to include them. This will raise the numbers drastically. Ugh......

    Trying to keep things honest on SA......
    Mar 2, 2013. 08:29 PM | 3 Likes Like |Link to Comment
  • The True Silver Mining Cost - What Does It REALLY Cost To Mine Silver? [View article]
    It really comes down to who you believe.

    Charlatan Exposed: Silvercorp’s Shorts

    http://bit.ly/pYWbmx

    Silvercorp Shorts Schooled on Accounting and Sampling

    http://bit.ly/VUUTA2

    Silvercorp Fights The "Short And Distort"

    http://bit.ly/14eVpeA


    Independent Audit Vindicates Silvercorp
    http://bit.ly/YNlHDf

    Casey Research

    http://bit.ly/15qeJ94
    Mar 2, 2013. 08:22 PM | 1 Like Like |Link to Comment
  • The True Silver Mining Cost - What Does It REALLY Cost To Mine Silver? [View article]
    Just a FYI, I used your methods for Silvercorp Metals and came out with the following break even cost for mining silver:

    Fiscal Q3 2012= $16.98 Oz
    Fiscal Q4 2012= $19.81 Oz
    Fiscal Q1 2013= $19.83 Oz
    Fiscal Q2 2013= $18.16 Oz
    Fiscal Q3 2013= $18.45 Oz (Latest Q)

    Looks like SVM is one of the cheapest producers of Silver in the world.

    FYI, I changed the ratio for all the byproduct metals based off what SVM actually received after taxes and smelting. It did not make that much difference however.
    Mar 2, 2013. 06:45 PM | 1 Like Like |Link to Comment
  • 3 Silver Stocks With Big Upside Potential [View article]
    Here's the link to the article on SA for others to look at, please read the interesting comments and come to your own conclusions.

    http://seekingalpha.co...
    Mar 2, 2013. 02:21 PM | Likes Like |Link to Comment
  • Silvercorp Management Misled Investors With A False Cash Flow Forecast And Delayed Negative News [View article]
    I notice you did not link to the SA article where people can read the comments and come to their own conclusions?

    Here's the link if anyone is interested: http://seekingalpha.co...
    Mar 2, 2013. 02:19 PM | 3 Likes Like |Link to Comment
  • Silvercorp Management Misled Investors With A False Cash Flow Forecast And Delayed Negative News [View article]
    I like to weigh both sides of the story:

    Charlatan Exposed: Silvercorp’s Shorts

    http://bit.ly/pYWbmx

    Silvercorp Shorts Schooled on Accounting and Sampling

    http://bit.ly/VUUTA2
    Mar 2, 2013. 11:00 AM | 1 Like Like |Link to Comment
  • 3 Silver Stocks With Big Upside Potential [View article]
    Charlatan Exposed: Silvercorp’s Shorts

    http://bit.ly/pYWbmx

    Silvercorp Shorts Schooled on Accounting and Sampling

    http://bit.ly/VUUTA2
    Mar 2, 2013. 09:32 AM | Likes Like |Link to Comment
  • 3 Silver Stocks With Big Upside Potential [View article]
    "SVM doesn't even have audited books nor can they even identify the geologists that assay the value of what they say they have in the ground."

    Independent audit vindicates Silvercorp

    http://bit.ly/YNlHDf

    AMC Mining Consultants-2012

    The five authors of the Ying 2012 Technical Report all qualify as independent Qualified Persons. Four of the authors visited the Ying Property in February 2012 with one additional visit made by one of the authors in April 2012. AMC examined all aspects of the project, including drill core, exploration sites, underground workings, processing plant and surface infrastructure.

    The Ying 2012 Technical Report will be made available for review on the SEDAR system and on the Company's website at http://www.silvercorp.ca in due course. -

    See more at: http://bit.ly/Z5Iyrp
    Mar 1, 2013. 05:54 AM | Likes Like |Link to Comment
  • Silvercorp Management Misled Investors With A False Cash Flow Forecast And Delayed Negative News [View article]
    I don't have much time to write a full response. However, it should be noted that PUDA was a Chinese company, not a Canadian company like Silvercorp Metals. Also, the CEO of PUDA was Chinese versus a Canadian like Silvercorp. Trying to say Silvercorp is the next PUDA is a massive stretch given the audits and evidence SVM has brought to clear their name.

    "heard Henan Found mine managers saying that the JV partner keeps all the profits and SVM gets nothing"

    Regarding unsubstantiated rumors, I've heard that you're under investigation by the S.E.C., but does that make it true?
    Feb 28, 2013. 07:39 AM | 3 Likes Like |Link to Comment
  • Silvercorp Management Misled Investors With A False Cash Flow Forecast And Delayed Negative News [View article]
    What is the company worth per share then Jon? SVM has value, it pays dividends, SVM has grown their reserves. What price do you want to take SVM down to?

    Estimates are for .25-.26 EPS this fiscal the last time I checked.

    The lowest estimate for fiscal 2014 is .32 EPS with a average of .50EPS

    I expect SVM to end fiscal 2014 between .40-.50 share, that's with the updated forecast. What say you?
    Feb 27, 2013. 10:19 PM | Likes Like |Link to Comment
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