Santacruz Silver Mining Ltd V.SCZ

Volumes are down

[VoxContrary]

Volume is down today - under 500k shares as of 330 PM.  

This tells me that SCZ has not yet met the criteria for any larger players to trade.  When I compare the fundamentals, e.g. price/sales, it seems like we are at no more than half of comparable value.

I guess we have a few more months to wait to see the production numbers stack up, along with the financing plan for the Zimapan buyout,

[Ibuysilver4less]

No kidding.  The Zimapan details are the only thing that give me pause because I don't know what they are.  I imagine that dilution is in store, but that's not a problem because we are getting something in return for that dilution, i.e., full ownership of Zimapan.  In the long term, I don't see how this doesn't work out unless the deal is terrible, but I don't

[wanderer9641]

Simple math, A 72M market cap company producing about 5M AGEq ozs  acquiring another 5M AGEq ozs for only 23M - most may be covered by higher silver prices - sign me up.