Excelsior on SCZ Tax Loss SaleExcelsior is a phenomenon.
Last year at the Kereport he transitioned from long time poster to employee/moderator/fundamental analyst...co-owner? Basically he went on vacation for a few weeks and the place died. A virtual on line ghost town.
The Kereport is an otherwise dreary place full of chart chat ('I called that bottom last week month year') and endless rage posts about fed perfidy and the commie plot beneath everything.
He just carries on supplying right on fundamental analysis of mining and metals with a modicum of chart chat. He is comprehensive and ALWAYS worth checking out.
I repost him here from time to time. Full disclosure: He twigged me to SCZ two years ago and was instrumental in persuading me that the massive purchase of Glencore assets was a company maker. This is from today on the recent tax loss sale of his SCZ position.
Excelsior
Dec 04, 2022 04:49 AM
Ah-ha! So now the truth comes out with you also selling some Santacruz… (looks like we are traitors together then…. Haha!) I think Dan (in Calgary) sold a little bit of his SCZ as well, so he can join in our posse.
For clarity, I’m still very constructive on Santacruz for the medium to longer term, and really like their prospects to evolve into a solid mid-tier silver and base metals producer in both Mexico and Bolivia. I’m only booking the profits from Santacruz in 2022, so that I take advantage of other tax loss sales I’ve got in place for tax purposes, which will wash them out, but in early January I intend on getting right back into position.