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Santacruz Silver Mining Ltd V.SCZ

Alternate Symbol(s):  SZSMF

Santacruz Silver Mining Ltd. is a Canada-based company, which is engaged in the operation, acquisition, exploration and development of mineral properties in Latin America. The Bolivian operations are comprised of the Bolivar, Porco and the Caballo Blanco Group, which consists of the Tres Amigos, Reserva and Colquechaquita mines. The Soracaya exploration project and San Lucas ore sourcing and trading business are also in Bolivia. Bolivar Mine is located in the state of Oruro in Bolivia, and municipality of Antequera. Paved roads connect Bolivar to the capital city La Paz (298 kilometers), Oruro City (75 kilometers) and Poopo Rail Station (22 kilometers), which is the concentrate warehouse and dispatch. The Caballo Blanco project consists of three separate mines and one process plant operating as one to produce Zinc and Lead concentrates. The mine is 34 mining concessions covering an area of 5,139 hectares, including the highly prospective 337-hectare Santa Gorgonia 1 concession.


TSXV:SCZ - Post by User

Comment by cyanide5on Jul 21, 2020 10:28pm
95 Views
Post# 31299800

RE:RE:RE:RE:Silver racing

RE:RE:RE:RE:Silver racing

Mactrader, I have been fully invested in precious metals for a while and now looking to build some cash position. I own quite a few in silver and gold space and will be trimming my trading position slightly in the next little while. If a correction happens that way I have some dry powder to buy quality PM stocks  


I still hold a 3% allocation (slightly more actually) in scz of my portfolio and will maintain it there. In my portfolio I am 50-55% gold 25-30% silver the remaining in copper. 


Probably going to gradually take up the cash component to 5% or slightly more. Right now I am at 1-1.5% which is too low and that too is only after today as for the first time In a long time I sold but didn't buy anything. Otherwise I was selling and buying something up for past 1/2 months. 


GLTA! 

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