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Silvercorp Metals President Lon Shaver breaks down the silver price surge past $50/oz, forecasting 2026 upside amid tight supply-demand fundamentals, declining primary silver mine output, and booming ETF/physical demand from India. Fresh from China, Shaver reveals Ying Mining District’s EV truck fleet, robotics upgrades, and a massive new long-hole stope driving Q2 FY2026 profits to $38M at just $11.75/oz AISC. Updates include Ecuador’s El Domo 480-person camp completion, imminent mining contract, Condor PEA by year-end, BYP gold restart permit progress (500K oz resource), and M&A firepower from $44M Wheaton stream—positioning Silvercorp (TSX:SVM | NYSE:SVM) as a top undervalued silver stock for 2026 growth.
🗓️ Recording date: November 10, 2025
📖 Chapters
0:00 – Intro
1:14 – Silver Price Rally to $50+: Drivers & 2025-2026 Forecast
1:47 – Gold Sentiment Spillover + Supply/Demand Fundamentals
2:42 – Primary Silver Mine Decline
3:06 – Permitting, Capital, & Funding Barriers
3:45 – ETF & Physical Demand Surge
4:49 – Generalist Investor Shift Still Pending
5:40 – China Site Visit Takeaways
6:41 – First-Time Analyst Impressions
7:30 – What’s New at Ying
8:58 – Q2 FY2026 Financials
10:22 – AISC Outlook
11:04 – Strong Cash Position
11:51 – M&A Strategy
12:05 – El Domo (Ecuador) Update
13:17 – Metallurgical Testing
14:07 – Condor Project (Ecuador)
15:10 – New Pacific Metals Support
16:29 – BYP Gold Asset (China)
17:50 – Stock Valuation
18:37 – Upcoming Catalysts
19:06 – Closing Remarks
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