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Southern Silver Exploration Corp. V.SSV

Alternate Symbol(s):  SSVFF

Southern Silver Exploration Corp is a Canadian company engaged in the acquisition, exploration, and development of natural resource properties for enhancement of value and disposition according to sales agreements or development by way of third-party option or joint venture agreements. Its properties include Cerro Las Minitas and Oro. The Cerro Las Minitas property is a silver- lead-zinc property, which is in the northeast of the city of Durango in Durango State, Mexico. The Oro property is a gold-silver-copper- lead-zinc property, which is in the southwest of the Silver City porphyry copper district.


TSXV:SSV - Post by User

Comment by ggrelletteon Dec 22, 2020 1:17pm
241 Views
Post# 32161704

RE:share price getting hammered

RE:share price getting hammered50,000,000 shares became eligible for sale on Dec 17. Even thou these shares were taken up by institutions and market players they will want to recover their money so I would assume the share price may very well be under severe pressure for the next couple of weeks. They can not sell unless it is already setup by brokerage firms to dispose of these free trading shares to specific clients. Excessive amount all at once would drive the share price into the 20's for sure. Even at that they will make money since the PP was @ 20 cents. However I do not think they will dump ALL 50 millions shares into the open market at once. 20 millions shares over the next 2 or 3 weeks is definitely possible which would drive the share price down into the low 30's would certainly be a good possibility.
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