Ann: Becoming a substantial holder, page-20

1. Why people are selling? we do not know. Maybe they know something we do not, or may be in need to use for personal use. Or maybe their entry point being less 10C, or maybe does not believe in gold story, who knows. Certainly right now there is more sell pressure then buy. Everybody has different horizon to hold any stock.

2. BOT has being buying between 12C - 16C, i am sure their price somewhere close to 13-14C. Which is the whole point of using bot in a first place. If there is some very strong fundamental change then market sentiment will push to north, and with more sustained buying like this Silvercorp and other large funds, rerate of SP close 18-20c will happen i guess.