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 Silvercorp Metals Inc (NYSE:SVM)

 Silvercorp Goes on the Offensive Options · View  
alphaville76 - Friday, September 30, 2011 7:27 PM


Interesting article about SVM:



http://news.silverseek.com/SilverSeek/1317399753.php



An independent forensics report by KPMG is expected in about two weeks:




In addition to the lawsuit against some of the short sellers announced last Friday, SVM has hired well-known forensics accounting firm KPMG to audit the company’s books. They’ll be reviewing every scrap of paper, from bank statements to tax receipts, to make their own determination on the soundness of SVM’s finances. A report is expected in about two weeks, and other than seeing ore with our own two eyes, this will arguably be one of the most important steps in fighting the allegations.




They are reaction quite strong to the short attacks... I think they are a legitimate company.


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