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Bullboard - Stock Discussion Forum 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... see more

TSXV:SSE - Post Discussion

Silver Spruce Resources Inc > Promises, promises, promises.....
View:
Post by mrmomo on Aug 17, 2021 9:47am

Promises, promises, promises.....

This is what you get when mgmt over promises & under delivers, ontop of being untrustworthy & not credible. Frist, it was that drilling results would be ready by July and that as we all know now never happened. Their excuse for that failure was blamed on mechanical problems & logistics and of course the CoronoVirus.......even though no one else operating in Mexcio was experiencing these issues. Slo we (not i) gave them a pass and gave them the benefit of the doubt what they were selling was possibly true. Next came their statements & assurances (and of course promises!) that drlling results would definitely be availble & READY BY MID August! Well what do you know folks, we passed mid August and STILL no news on the drilling that was done on El Mezquite.........what a surprise! Of course, no one that's been following this company, this mgmt and this story should be SURPRISED in any fashion that this mgmt team falis to deiliver (as promised) AGAIN! Nobody with half a brain & some common sense of course.

So what's their excuse this time? more mechanical problems? Maybe Mr. Trump had something to do with it and is to blame? Maybe they'll blame the Mexican cartels for their NEW logistic issues? Who is to blame now my friends, what excuse are they going to use to cover their behinds this time around? Knowing HOW this folks operate & think, i believe i onow what excuse they might use next to explain their failures to deliver again, and it may go something like this....

"Due to the Covid pandemic and the continuing issues around this unfortunate event, we at Silver Sprout have the sad news that drlling results at El Mezquito will be delayed once again due to the Corona Virus having mutated. This new Delta mutation is now giving us a new set of "mechanical & logistic issues we weren't exepriencing before. Therefore, we now expect drilling reults to be released sometime around early 2023 once the Delta mutation has passed & Mr. Escobar gives us the necessary mules to transport the drilling samples including Mr. Trump opening up the borders to give us access to our assay lab. As a disclaimer to all investors, though we are CONFIDENT & steadfast of our timeline, we can offer no assurances we will deliver on time due to possible unforseen events or acts of the all mighty god"

God luck & God speed
Comment by FredrickHUGE on Aug 17, 2021 9:54am
This post has been removed in accordance with Community Policy
Comment by PonyHunter on Aug 17, 2021 10:28am
I understand the frustration but it sounds like you're looking for a quick turn around and dump. I don't think this is the right stock to for that strategy. It still is Mid-august, its not that they promised results on Sunday Aug 15th, its a rough guide to help expectations for the news. Also, the entire industry IS struggling with getting assay results back (due to COVID). Its not ...more  
Comment by mrmomo on Aug 17, 2021 11:16am
"I understand the frustration but it sounds like you're looking for a quick turn around and dump. I don't think this is the right stock to for that strategy." I think you're targeting the wrong person for your criticism, you should really focus on the s/h holders who been holding for YEARS when it comes to issues of frustration & patience, degfinitely NOT me. I ...more  
Comment by PonyHunter on Aug 17, 2021 11:28am
If you spent as much time / energy on your investment research as you did in being offended and defending your pride on stockhouse, then you wouldn't be trash posting. I honestly couldn't be bothered to read your entire reply.. I never understood people who continue to invest in a company who believe there is no future return. If you believe there is no hope, then sell and move on. It ...more  
Comment by Thumper12 on Aug 17, 2021 11:53am
Yes, it's not worth your time to engage that particular poster. He's clearly frustrated. I've blocked him a while back but read his recent posts for the laugh. I'm a long term holder and not frustrated with things at all. It's just the way things roll in the jr business. It's a marathon and there are many promising active fronts with SSE. The future looks bright with all ...more  
Comment by treehugger2 on Aug 17, 2021 2:21pm
On my behalf, I take the liberty of replying here. I bother to post here because the people behind this company and thousands of others like this, have build the little that they have (be it honest or crooked) and are able to sustain it via small retail shareholders, with lovely and continuous  returns (wages) for themselves, and nothing for the retailers. It should be the other way around ...more  
Comment by treehugger2 on Aug 17, 2021 1:12pm
Momo, I made the mistake, and I bought a little more yesterday. Just like that, it cost me $250, it could have bought today for less -- alas…. Wow, instead of the awaited and promised drilling result, we got yet another worthless piece of property. Indeed, this exhibits all the characteristics of legalized scam. It is amazing that anyone will be able and/or willing to carry out this activity for ...more  
Comment by mrmomo on Aug 17, 2021 2:48pm
"Momo, I made the mistake, and I bought a little more yesterday. I sencerely had bet on something positive today or the following a couple of days from the company about the drills and/or PINO or both. Alas,  BAD BET...." I trult feel for you friend BUT at the same time you must take responsibility for your actions, especially when investing in the stock market at your own risk ...more  
Comment by treehugger2 on Aug 17, 2021 3:55pm
How true, indeed, PINO was the attraction for me as well. Eventually, some lucky party will harvest PINO’s low hanging fruits, so to speak.. For now, in my case I’m still willing to wait for another month, and even by September end, before I sell SSE, that’s the maximum of my tolerance staying with SSE. Now, although today their report was not at all what I had bet on a couple of days ago ...more  
Comment by Henrich428 on Aug 18, 2021 7:04am
I now have no idea if management here is responsible for the cyclical Stockhouse pumps (it's not Reddit where it happens by the way, it's Stockhouse), but they certainly dumped their shares into it, which was an absolute disgrace. I had been holding here patiently for about a year and could have sold my own shares into that pump and pocketed some good money. But I chose not to do so ...more  
Comment by PoolipSanjay on Aug 17, 2021 6:43pm
Lololol, looks like the company invested in social media marketing. This one is an absolut garbage tier company. 24 years for nothing but a failed area play. Mexico seems to be a complete failure (that's why no results) and now picked up three off-strike NFLD properties? I guess that's all they could afford. Hoping to milk Sprott in the next PP?.
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