Silvercorp Announces Share Buyback Program

I thought this press release from a silver mining company was interesting relative to the divergence between the miners and the metals which was featured last week. By means of disclosure I have a very small trading position in this company, and as a caution I have to advise that it is highly volatile. As such I do not possess a profound knowledge of their operations. I do not like to mention individual companies at all, but it is difficult to reference a share buyback otherwise. I tend to trade actively in the miners, and hold bullion, so I may not have this position for long even at the end of the week. This is in no way any endorsement of this company or any suggestion about its future performance. I would expect other companies with the appropriate cash flows and positions to employ th...

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