A Big Upgrade for Silvercorp Metals

• Report this Comment On May 20, 2010, at 2:07 PM, TheDumbMoney wrote:

  This is just my humble speculation, and not to be relied upon. But please people, look at what has happened to gold and silver stocks, particularly the miners (less so things like the GLD trust), during the last week or so of volitility. "They be droppin' like Chinese stocks in 11/2008!" Gold and silver are no more a panacea than housing was, or than internet stocks were, or than the nifty fifty were, or than railroads were, or than tulips were. Not saying you won't make money, but when the house-flipping infomercials have been replaced by gold infomercials, it may indicate a problem.... If Bravo starts a TV show on gold-buying that becomes a hit, that's when you'll really know it's time to flee for the hills. Meanwhile, as the Euro has fallen, the yield on Treasuries is dropping, predictably, and strong blue chip companies with excellent balance sheets, high cash flow, and high returns on equity are finally out-performing the dreck.

• Report this Comment On May 21, 2010, at 12:04 PM, TMFSinchiruna wrote:

  Nice write-up!

  The 34% haircut that SVM shares endured over the past couple of weeks set up a compelling value proposition that I believe investors began to recognize in earnest today ... as punctuated by the stock's 13% intraday surge from the day's low.

  I saw an opportunity in the slump yesterday:

  http://www.fool.com/investing/general/2010/05/20/where-to-tu...

  Eventually, this and other quality silver and gold mining stocks will garner even broader recognition from investors, and we'll see a lot of these four-star ratings upgraded to five.

  Fool on!

• Report this Comment On May 27, 2010, at 9:25 AM, pokerchip1 wrote:

  Silvercorp is just fine, but the most undervalued stock in this group is Silver Standard, SSRI. Many people are unaware of their gold property at Snowfield and environs with tens of millions of ounces of au. The Snowfield find is part of the Seabridge Gold geographical neighbor, their now-famous KSM discovery. The thing most folks don't know is this now-remote, under-electrified area is about to change as the British Columbia government is spending 300-400 million dollars to bring hydroelectric power to this area, scheduled to be completed in about two years. Screaming long-term hold. A much better value than Seabridge. If you want to "gamble," take a look at Teuton Resources, TEUTF (on the TSX, it's TUO.) I blogged about it at .17, now .44 Canadian...in the same area with a lot of land but only tantalizing preliminary indications of gold. See my blog on it from about a year ago.

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