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Silvercorp Metals Inc. Message Board

  • asianvest asianvest Sep 14, 2013 11:21 AM Flag

    Buy-back plan: 32 Weeks, 25% price decline, ZERO shares repurchased

    *** Results of the Stock Repurchase Program: -25%

    Silvercorp's 8,500,000 share repurchase program (NCIB) runs Feb 1, 2013 to Jan 31, 2014 and permits the company to repurchase up to 55,693 shares/day (with exceptions).

    Weeks since inception: 32
    Weeks remaining: 20

    Open price on Feb 1, 2013: $4.43
    Last close on September 13, 2013: $3.30
    Decline to date: 25%

    Shares repurchased to date: ZERO
    Insider shares purchased to date: 30k
    Insider shares sold to date: 10k

    Insider option grants awarded concurrently: 571,000

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    • You keep posting this but it has no Value. Silver has been down a lot this year, why would a silver miner blow a bunch money on buybacks when silver prices has been falling?

    • Love It!

      They're legit! Heheh, by gawd, and this "New Method" as ore from the mines' weight measurement will help furthering the proof. It'll all be seen in the fundamental and fiscal results! (-;

      • 1 Reply to oopsiomni50cents
      • also oopsie as you say you are a good and decent human being were you at least trying to stop the war in Syria seeing as it at least would help your short position anyway.

        I did it even though it would hurt me though but I can at least see the bigger picture but you?
        You have everything to gain by doing a good deed so I wonder if you at least did so.

        Because if you did not you are quite #$%$ that you people say you are.
        everything to gain and not even doing that much which means you are pathetic leeches that should be stomped on.

        well what say you did you do even one thing to help the situation?

        we know for a fact USA GOV our gov are traitors and treasonous as they are funding Al Queda openly now.

        the sarin gas likely were form the rebels.
        idiotic policies are only making things worse and worse.

        less chemical weapons are a good thing of course.
        but the admin has proven corrupt (what else is new)
        they will likely gun for another excuse for QE