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Santacruz Silver Mining Ltd V.SCZ

Alternate Symbol(s):  SCZMF

Santacruz Silver Mining Ltd. is a Canada-based company. It 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 trading business are also in Bolivia. Bolivar Mine is located in the state of Oruro in Bolivia, and municipality of Antequera. Caballo Blanco mine consists of three separate mines and one process plant operating as one to produce Zinc and Lead concentrates. Porco mine is located in the Porco Municipality of the Antonio Quijarro Province, in the Potosi Department, Bolivia. Zimapan mine consist of 34 mining concessions covering an area of 5,139 hectares, including the prospective 337-hectare Santa Gorgonia one concession. It is seven kilometers from the municipality of Zimapan in Hidalgo State, Mexico.


TSXV:SCZ - Post by User

Bullboard Posts
Comment by soladadeson Jan 03, 2013 12:25pm
236 Views
Post# 20792970

RE: RE: RE: Is this for real?

RE: RE: RE: Is this for real?

I concur with you on the currentl valuation - @ ~$150 M mc. Hasn't produced a single oz of Ag yet. For the same/similar mc, perhaps better off with EXN or SPM. These are viable producers who have had some issues lately. My worry is that as soon as SCZ has a hiccup etc. - which is pretty likely, the SP will get smoked.

Perhaps owing to the tight SP structure is why the SP is held up lofty.

Bullboard Posts