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Bullboard - Stock Discussion Forum 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... see more

TSXV:SCZ - Post Discussion

Santacruz Silver Mining Ltd > Silver racing
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Post by wanderer9641 on Jul 21, 2020 8:30am

Silver racing

Silver up about $1.20 so far - SCZ is in the profit mode and has increased production capabilities - We are going to rock hard.
Comment by Bakunin6 on Jul 21, 2020 8:54am
Going to smash up against the dam at .25... After that who knows?
Comment by cyanide5 on Jul 21, 2020 2:23pm
i sold 28% of my holding @.25.. was sitting on this for 4 years and at times at a huge loss.. probably 60-70%.. so happy to sell some and take my gains out this morning. Will let the remaining 70%+ holdings ride for longer taking profits gradually..  Silver has a long ways to go... silver 25 is coming for sure.. that would mean SCZ in mid 30's at least...  GLTA Longs!
Comment by macdtrader on Jul 21, 2020 2:37pm
The question is where did you move you money to?   I just started coming in at .23.  I'm going to make this about 5% of the portfolio.  The margin expansion should make it one of the best performing producers.
Comment by cyanide5 on Jul 21, 2020 10:28pm
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 ...more  
Comment by macdtrader on Jul 22, 2020 9:24am
We are thinking much alike.   I'll pull a little cash off later this year.  I expect this bull run to go much further in gold and silver with the money printers in overdrive.  I don't want to sit on too much worthless paper.  I got luck and got an adjusted 60 bagger on KL when they bought out St. Andrews.  I feel there should be a few more of those out there.
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