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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 Apr 17, 2022 10:13pm
167 Views
Post# 34608993

RE:Silver/Zinc Fallout As Rising Energy Costs Close Smelters

RE:Silver/Zinc Fallout As Rising Energy Costs Close SmeltersI believe 15:1 was like a hundred years ago and in modern times it's never been near that. I think during the Hunt Bros. squeeze might have gotten to 20:1 but was very short lived. I get his point but these guys keep using these antiquated ratios to hype things. Silver pundits have been crying $200 silver for years. Good grief, we can't even maintain $25 for any length of time but they prognosticate these lofty prices. If, and a big if, Ag ever got to $200 it would be extremely short lived IMO. Don't get me wrong, I love silver and hold large quantities of bullion and respective miners but I think we need to keeo things realistic. I'd be happy with $30 or $40. Maybe with the zinc issue we'll get there, but $200, come on!
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