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Silvercorp Metals Inc. Message Board

  • philtmcnasty8 philtmcnasty8 May 15, 2012 3:56 PM Flag

    This is carnage!

    There is carnage across the precious metal equities, despite a much more modest drop in precious metals themselves and equities in general. This has been going on for some time now and appears to be at a crescendo now. Apart from the negative sentiment in gold and silver market, among the still bullish many are moving out of equities and into bullion. While this may have made sense when precious metal equities traded at a premium to other mining shares, that premium is long gone and then some.

    Either gold and silver prices are about to collapse from here or these shares are hysterically undervalued.

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1.85-0.04(-2.12%)Aug 22 4:00 PMEDT

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