The Silver Stock Positioned To Soar Once Again Silvercorp Metals (SVM.TO) is one of the most profitable stock recommendations I’ve ever made.
It multiplied as much as 28 times in value for our readers the last time silver price took off.
Here’s why I think it’s poised to soar once again. Dear John, It was one of the most rewarding stock recommendations I’ve ever made. Back in 2003, in the early stages of the big run in gold and silver, I told my Gold Newsletter readers to buy Silvercorp Metals at a price of C$0.53.
As the metals bull market took off, so did Silvercorp — eventually reaching C$15.30 — multiplying my readers’ money by as much as 28 times.
Those were epic, life-changing profits. And now I think this company could do it again.
Why? Allow me to explain… Two Reasons Why Silver Producers
— And Silvercorp In Particular —
Could Soon Begin Another Bull Run 1) Gold is taking off.
As I’ve been reporting in Golden Opportunities, it seems that gold may repeat last year’s profitable performance in 2017…and perhaps do much better.
That’s because the Trump administration has indicated that they’ll favor a weaker dollar. Moreover, inflation is perking up not only in the U.S., but all the world’s developed economies…and the Federal Reserve has made it clear that they’ll be very reluctant to raise interest rates.
That means that we’ll have negative real interest rates for years to come. (The St. Louis Federal Reserve is predicting at least through 2019.)
This is enormously bullish for gold.
Not only that, but the U.S. stock market is beginning to roll over. A correction will send a tsunami of risk capital into gold and silver.
And the record shows that, in a bull market such as this, silver always outperforms gold. You can boost your potential profits by buying silver…and turbo-charge that potential through quality silver mining stocks.
Which brings us to reason No. 2:
2) Silvercorp is knocking it out of the park.
As a bit of background, Silvercorp mines some of the richest silver ore to be found anywhere in the world. Its Ying Mining District mines in China regularly mine ore exceeding 1,000 grams/tonne silver.
And the rich lead and zinc grades in that ore mean that the company often mines silver at a negative cost once you account for the lead and zinc credits.
That protects your downside. But because the silver grades are also so rich, their profits absolutely explode when silver prices are rising.
This is how the share price was able to reach such lofty heights the last time silver prices took off, in 2011.
Which is why I’m writing you now: Just as gold and silver appear to be renewing their bull run after a long bear market…Silvercorp has released their latest financials.
And they’re nothing short of spectacular. Record Silver Production
Sets The Table Perfectly As I write, the news release announcing Silvercorp’s latest quarterly financial results has just hit my screen…and it’s a stunner.
The bottom line: Just as silver is moving up again, Silvercorp has optimized its production…and discovered even more high-grade ore. Consider the highlights: 1. Silvercorp is the lowest-cost/highest-margin mid-tier producer in the silver industry. There are literally none better.
2. It is highly profitable — the company has almost $100 million in the treasury!
3. It has more than 15 years of mine life remaining on current resources…and is still finding new ore.
4. It has room to grow its land position and increase production even more.
5. It actually issues a dividend…and was the first silver company to do so back in 2007. In short, Silvercorp is perfectly positioned to spin out tremendous profits as silver prices rise. You can read Silvercorp’s news release here. I urge you to read the remarkable latest results from Silvercorp, right now.
This company has delivered life-changing profits for my Gold Newsletter readers in the last silver bull market.
And now it looks ready to do it again. All the best,
Brien Lundin
Publisher, Gold Newsletter
CEO, the New Orleans Investment Conference CLICK HERE
To Read Silvercorp’s
Latest Results
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