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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

Post by Gold64Kon Feb 08, 2022 3:15pm
174 Views
Post# 34409824

Still 50% off of June 2021 high of .58

Still 50% off of June 2021 high of .58AND YET: production rising, strong insider buying, Glencore deal reported as nearly completed, and zinc prices high. ??? Maybe it's a good thing I'm an idiot or I would have sold out. Alternatively, masochistic investors like a good beating and maybe that's why we're  still here. Oh well....why would anybody sell now unless they thought G/S were about to completely tank? By the end of this year, assuming SCZ closes on the purchase from Glencore, this is a company producing 7M Ag eq. oz in 2022. One of these days.......
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