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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 tarnoiron Jan 08, 2021 4:58pm
103 Views
Post# 32259018

RE:RE:RE:back to .30??

RE:RE:RE:back to .30??Yes, that's illiguid stocks for you. I took the opportunity today to add an additional 15k shares @ $.445. Fundamentals are still intact. BTC stealing the "thunder" for today. Folks like myself have been in since $0.10 and just last month SP = $0.34 on a similar sell-off. Given we closed @~ $0.45 after having hit new multi-year high, wouldn't be too concerned. Silver will gyrate but really has no where to go be up for the next few years IMO. Take advantage of these SP 'swoons'. 
Would be terrifically surprised if it goes below $0.40 but guess would depend if Ag gets cranked more.
Some support metrics to think about.
Support/Resistance
Type Value Conf.
resist. 0.52 1
supp 0.49 2
supp 0.46 2
supp 0.40 2
supp 0.37 3
supp 0.35 7
supp 0.32 6
supp 0.30 8
supp 0.28 24
supp 0.24 2
supp 0.23 6

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