I am surprised at the optimism on this thread. The Philippines is at the bottom of the frazier institute jurisdictions to invest in for obvious reasons. The only logical deal was from China, that does not have a problem with graft or corruption. There will be no counter offers from Western companies.
CLA have preduced a stoping study, not a feasibility study. The approval of an MPSA wont change this fact. Nor will the mess at X64 help the investment environment from western companies.
The offer from Silvercorp was fantastic. To reject it was mind bogging stupid. Surely the board wasn’t listening to retail investors? Or even worse significant investors?
Share price is where it deserves to be.
Ann: Update on transaction with Silvercorp Metals, Inc., page-76
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Mkt cap ! $33.99M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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