SVM Accused of Fraud

China’s largest silver producer

$48.6-million in cash, strong operations and the lowest production costs among its global peers.

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RepairMan

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SVM Accused of Fraud

posted on Sep 02, 2011 11:56AM

What a mess. Today an unnamed analyst has called SVM another Sino Forest. The assets are not there and the profits are false.

Calling the estimates too good to be true.

Short sold by 23 million shares. The company is in full denial mode and fighting back.