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Silver Spruce Resources Inc V.SSE

Alternate Symbol(s):  SSEBF

Silver Spruce Resources Inc. is a Canadian junior exploration company holding 100% of the Melchett Lake Zn-Au-Ag project in northern Ontario. The Project is an advanced precious and base metal property located in the Thunder Bay Mining District, northern Ontario, Canada. The Project covers 11,236 hectares with volcanogenic massive sulphide (VMS) and Au targets located in east to southeast-striking, subvertical to moderately Archean metavolcanic quartz-sericite schists to coarse fragmental units. The Company intends to own 100% interest in the Mystery Au project in the Exploits Subzone Gold Belt, Newfoundland and Labrador; 100% interest in the Pino de Plata Ag project located 15 kilometers (kms) west of Coeur Mining's Palmarejo Mine in western Chihuahua, Mexico; 50% interest in the Jackie Gold project, located 5 km south-southwest of the towns of Tepoca and Carrizal, and up to 50% interest in Diamante Au-Ag project located from 5 to 15 kms northwest from Nicho deposit in Sonora, Mexico.


TSXV:SSE - Post by User

Bullboard Posts
Post by wildman4on Dec 04, 2012 10:04am
192 Views
Post# 20679841

the best question

the best question

The best question anyone could be asking I believe is about the Venture itself.

How is it possible to turn around this carnage when there just isn't enough retail/institutional buying to counter-act all of the flo thru tax loss selling?

When the only opportunities are the result of oversold conditions because someone (marquest, MF, Consolidated) unloaded 18 millon shares and the price goes from 10 to 2 inside a year, that's not investing that most people are going to take advantage of.

Most people want to see a chart going bottom left to top right. Not have to do 45 days worth of math after a company's stock price gets obliterated by a tax loss seller.

So how is that going to change seeing as we are here and talking because what I see  everyday is a little nibble from retail and a little nibble from an institution then an Anonymous dumps an amount on to the market that destroys the price.

I'm not talkiing SSE here.  I'm talking just about every stock.

The retailer has left the building. Will he return. Will the Venture just continue to get crushed daily. Is the government's flo thru tax loss plan all to blame, or what else is in play here?

 

 

Bullboard Posts