Silver Stocks

Reprint: Silvercorp Investor Relations Notes

Over time, I will try to pick my best articles and research that I did in the past at DCSB (the old blog/site). Here is one of my all time favorites. It's notes I made during my nearly 1 hour long talk with the person in charge of Investor Relations at Silvercorp, Cathy Fong. Enjoy!

Just two days after my bashing of Silvercorp IR for not phoning me back, I get a call this morning from someone wanting to speak to me. What do you know, it's Ms. Fong from Silvercorp IR!

She said she'd been trying to call me many times but that either my phone was busy or my answering machine wasn't working (both highly likely, I have to fix that stupid answering machine).

Ms. Fong ended up being very nice and answering all my questions and more about everything to do with Silvercorp. She even admitted to me she was phoning directly from New York on her Cellphone. She said she had some meetings planned with investment firms. [On a side note, she said that she received a call from a gentleman in Pasedena California a few months ago who wanted more information about Silvercorp. Ms. Fong said that if he could gather a large enough amount of people, she would come personally to make a presentation. Sure enough he 40 people together and she flew down to make her presentation including core samples etc.]

Posted by Mike – March 13, 2006 – 17:57

Sherwood Copper - A Stock to Watch

The Coffin brothers of Hard Rock Analyst have mentioned

Nova Uranium, Playfair, AND Sherwood Copper, as

top picks. This weekend, Mike reminded me of

Sherwood, and it's worth a look.

Go to their website at sherwoodcopper.com

This is from the site about the Minto project in the

Yukon.  It is in the stage of mine preparation, and

has the financing from a PP.  Also, it has high grade

copper AND silver resources for a projected eleven years of mine life:

Minto Project Summary

The Minto Project is an advanced stage copper mining project in the Whitehorse Mining Division, Yukon Territory about 240km northwest of the city of Whitehorse.  Sherwood Copper Corporation, through it’s subsidiary, Minto Explorations Ltd., owns a 100% interest in the Minto project.

The Minto Project has been designed for a throughput of 591,000t of ore per year with an initial life of mine of 11 years. Approximately 38,400t of concentrate, which will contain on average 31million lbs of copper, 13,400 ozs of gold and 200,000 ozs of silver, will be produced per year for the first five years of operation.

Posted by Gordon – March 12, 2006 – 20:02

The Possible Upside Of A US Listing

Approximately 80% of the world's expenditures on mineral exploration are made by Canadian companies. It only follows that the Toronto Stock Exchange (TSX) and the TSX Venture Exchange (TSX-V) are home to most of the companies we follow here at Casey Research. Less frequently, we also follow stocks listed in London (AIM) or Australia (ASX), both markets being home to numerous mineral exploration companies. So our answer is always that a U.S.-based investor who is serious about making serious money should hire a full service broker with substantial experience trading directly on Canadian and other foreign exchanges.

However, there is a growing trend for Canadian companies to "migrate" to U.S. and other non-Canadian exchanges. That is, they retain their Canadian listings, but obtain a second listing in the U.S. (or even a third listing elsewhere, such as in Germany). Why? For starters, a U.S. listing exposes the company to the many U.S. institutions that otherwise would not be allowed to invest, no matter how attractive the stock might be. The desirability of a U.S. listing is a no-brainer based on simple demographics: the U.S. has ten times the population of Canada and perhaps one-tenth as many publicly traded mining companies. Access to that many more investors in a market with so few competitors has obvious advantages-but it has costs as well.

Posted by Mike – March 12, 2006 – 13:53
XML feed