Ann: Update on transaction with Silvercorp Metals, Inc., page-100

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mudguts

12,433 Posts.

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09/08/23

09:08

Post #: 69237136
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Originally posted by Goldguy90 ↑

Okay, so SVM had one historical situation of this - and their intent was clearly to consummate the deal - and you've gone and woven a fairy tale about what that all means with one large IF after another to weave it into your current fantasy. Who are you trying to convince, me or you? Go ahead, mortgage your house and dump it all into CLA (assuming you haven't already done so) if you're more than just talk. It will likely end in tears for you, but based on how you're approaching this (with emotion), I'm guessing you're one of the aforementioned retail investors with no position discipline, you're in way too deep and now you need to convince yourself you've not made a huge mistake.

The minority on here that were saying that the SVM deal wasn't great, but better than the alternatives - an orphaned resource in a country that nobody builds mine in if they can help it - were right.

https://www.fraserinstitute.org/studies/annual-survey-of-mining-companies-2021
The 10 least attractive jurisdictions for investment based on the PPI rankings (starting with the worst) are Venezuela, Philippines, Argentina: Chubut, Nicaragua, Argentina: Mendoza, Zimbabwe, the Democratic Republic of Congo (DRC), Bolivia, Kyrgyzstan, and Mongolia. This year, Latin America and Argentina contribute five of the bottom 10 jurisdictions followed by Africa (2), Asia (2), and Oceania (1).

Good luck, you're going to need it.

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No they have a modus operandi

Luv the 'spin co' idea as well refer 2015 Paramount/ Silvercorp/

In connection with today's closing of the merger transaction,..... and approximately $10 million in cash was contributed to SpinCo.

(FYI I am actually T20 - if all my account are combined), and building position at these gifting levels.
Red light sale.

Over weight is just a matter of perspective.

Last edited by mudguts: 09/08/23

CLA Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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