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Bullboard - Stock Discussion Forum Southern Empire Resources Corp SMPEF


Primary Symbol: V.SMP

Financial Services
Southern Empire Resources Corp. is a Canada-based exploration stage company. The Company is engaged in the acquisition, exploration and development of metals and minerals deposits in the American southwest and northern Mexico. It is particularly focused on those that are amenable to lower-cost metal extraction methodologies, such as heap leaching. The Company's metals and minerals exploration... see more

TSXV:SMP - Post Discussion

Southern Empire Resources Corp > Just a thought after viewing the 'promo' video,...
View:
Post by GETaLONG on May 27, 2021 10:35am

Just a thought after viewing the 'promo' video,...

Is SMP going to be 'burdened' with reclaimation cost right out of the box???  An abandonded mine with no processing equipment on the property?  Management needs to better 'explain' the virtures of this existing Project.

                                   Go SMP.   After my DD on Augusta, I will make my determination (to purchase any more).       It's always about the 'Risk to Reward' in this 'Game'.
Comment by ppp on May 27, 2021 12:31pm
Reclamation bond Southern Empire holds a $79,755 (2019 - $nil) reclamation bond with the Bureau of Land Management with respect to its California properties and a $7,704 (2019 - $nil) reclamation bond with the Bureau of Land Management with respect to its Nevada properties.  No worries in that department. 
Comment by GETaLONG on May 27, 2021 12:55pm
Appreciate the response.  Good to know.              I'm a wee-bit slow,... not exactly understanding the "(2019 - $nil)" terminology.
Southern Empire Resources Corp
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